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This video tutorial introduces the Excellence monthly employees timesheet Excel template, designed to track employee shifts and calculate payments. Users begin by editing employee names and titles, followed by inputting shifts for the month, automatically populating names and titles. After entering all shifts, the template calculates the monthly payment based on total hours, hourly rate, and optional extra payments. Finally, users can review payments in the dashboard and summary sections, which do not require any input due to built-in formulas. The video concludes by providing a link in the description for accessing the template.