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In this tutorial, Edgar from TaxDome explains how to create contract templates. Begin by navigating to the settings page, then the templates tab, and select the contracts sub-tab. You can either create a new template or copy existing ones from the template library. If you have existing templates, you can edit them by clicking their names. To create a template from scratch, click the "create template" button. You will first enter a name for the template. Below that, choose between "what you see is what you get" (WYSIWYG) mode, which offers basic formatting tools, or HTML mode, which allows for more advanced formatting by pasting HTML code directly into the text box.