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In this tutorial, the presenter demonstrates how to void a contract and modify a voicemail template. The process begins by creating a simple contract from scratch. The presenter showcases how to insert fields, specifically opting for text fields instead of text areas to maintain simplicity. After copying and pasting the necessary fields, they add signature tags for easier identification. The tutorial emphasizes the importance of tagging fields, regardless of quantity, to simplify the review process. Lastly, the video highlights that the next step will involve setting up Salesforce integration before discussing the void functionality further.