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In this tutorial, the video covers options for saving files, including various file types, auto-save settings, and version history for Microsoft 365 users. Upon creating a new workbook, it defaults to names like Book1.xlsx. To save the workbook, go to the File tab and click Save, or use the shortcut Ctrl + S. The first save prompts a dialog box to select the desired folder and name the file, without needing to add ".xlsx" as it gets appended automatically. Users can choose from various file types, with the default being .xlsx. If the workbook contains macros, it should be saved as .xlsm. Other file types available include binary and CSV.
