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This video demonstrates an Excel template for monitoring employee holidays and sickness. The template features multiple tabs at the bottom, one for each month, organized according to the specific holiday year. The red tabs at the end serve as final reports or summaries, while the green tabs are designated for primary data entry. Users can amend the green cells to input employee names and start dates for their holiday year, allowing for personalized tracking of holidays. The video's focus is on setting up the file using the "holidays to date" sheet to manage and monitor employee leave effectively.