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In this tutorial, Abdullah Hammond explains how to manage contract expiry dates, which is particularly useful for HR professionals. He begins with a contract starting date of April 8, 2020, and a 12-month duration. To calculate the contract's ending date, he introduces the use of the "EDATE" function, which computes a date based on the starting date and a specified number of months. The EDATE function requires both a starting date and a number of months—positive values move the date forward, while negative values move it backward. This method aids in keeping track of contract timelines effectively.