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In this video tutorial, Abdullah Hammond explains how to manage contract expiry dates, a skill useful for HR professionals and beyond. He begins by outlining the key elements of a contract, including the starting date, which he demonstrates with an example date of April 8, 2020. For a 12-month contract, he introduces the "e date" function, which calculates the contract's ending date by taking the starting date and the duration in months. The e date function allows for both positive and negative values; positive values move the date forward in time, while negative values retract it. This method aids in effectively tracking contract timelines.