Handouts are created by the GM and can be used for all kinds of things. You can use them as notes about various parts of your game. Maybe a map to show players. You can create a "cheat sheet" concerning rules that everyone can view. The GM assigns the permissions, so even players can view or edit a handout or the GM can keep the handout completely hidden from players. I create a journal of the campaign that players can use to keep track of everything, party treasure, NPC's, places, names, story notes, etc. Hope this helps.