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In this tutorial, Jessica guides viewers on creating a child support payment template in Excel. The template allows users to input client details, including name, beginning balance, monthly payments, and interest rate, to generate a payment schedule. The video highlights formatting and using formulas. Jessica demonstrates how to center text across the selection without the common issues of the merge and center function, utilizing the keyboard shortcut Ctrl + 1 to access the format cells dialog box. She emphasizes the benefits of the "Center across selection" option and mentions the optional use of "wrap text" for layout clarity.