Use a template file for labels

I have ONLINE Labels # OL1050WX, I downloaded their template but how do I use it as a label to import data to? If I go to new, labels I can import the data from my spread sheet to existing labels but I need this specific label. I tried creating my own custom label but the label specifications for this label are 4 decimal places, 1.8125 x .5, and the output is not accurate with only 2 places offered in the custom format screen. I would appreciate any help you can provide.

Thanks
Richard

You can switch the units from inch to cm or mm. This way the resolution is much finer and you will meet the 4 digit in inches.

Thanks, that worked. Now I need to figure out how to center a single line of data on the label. Horizontally is easy but no luck vertically.

Richard