Excel for CFOs’ Post

Excel Shortcuts Every finance professional needs🚀 Ever feel like Excel should have a “Turbo Mode” for finance? Well, it does—if you know the right shortcuts! Here are some game-changing Excel hacks for anyone in finance who wants to work faster and smarter. 📈 🚀 1. Speedy Summing (for your P&L & sanity!) Alt + = – Instantly adds a SUM formula to selected cells. Great for when you need those bottom lines to line up fast! 📊 2. Filter the Noise (and get to the point) Ctrl + Shift + L – Quickly add or remove filters. For those times you’re diving into thousands of lines of transactions! ⏱️ 3. Timestamp Your Work (for audit trails) Ctrl + ; – Inserts today’s date Ctrl + Shift + ; – Inserts the current time Perfect for logging when those last-minute changes happen! 💡 4. Paste Special Like a Pro Ctrl + Alt + V – Opens the Paste Special dialog Need just the values, not the formulas? No problem! 💰 5. Fast Formatting (because numbers should look as good as they are accurate) Ctrl + Shift + $ – Currency format Ctrl + Shift + % – Percentage format Because finance is all about precision (and making it look easy). 🖱️ 6. Format Painter (Consistency, Meet Efficiency) Alt + H, F, P – Copy formatting to keep everything looking polished. Like your secret weapon for that perfect professional look! 💡 Bonus: Highlight Your Insights Alt + H, L – Conditional Formatting Easily highlight trends or outliers without lifting a finger. Alt + A, M – Remove Duplicates Easily gives you unique values for analysis Pro Tip: Before using it, make a backup of your data range. Removing duplicates can be irreversible without an undo! #FinanceLife #ExcelShortcuts #FinancialAnalysis #EfficiencyHacks #ExcelMagic This playful approach makes the shortcuts memorable and positions them as “power-ups” for finance professionals. Let me know if you want any other tweaks or creative additions!

Names in Excel can be very useful. (They can also spell trouble). Credits to Matthew Herbert, follow him for more content. The original post ---- Names in Excel can be very useful. (They can also spell trouble). It’s likely you have interacted with one of the most common naming types – named ranges. Named ranges are a collection of cells (i.e. one or more cells) that are assigned a name that differs from A1 notation. For example, the image below has QuarterLookup as a name which refers to the cells Lookup!$C$2:$D$14. I recently helped a friend with some Excel formulas. Her workbook formulas were full of named ranges, and I found myself using a few built-in tools to more easily orient myself to the references. Using her model as an example, I created an illustrative workbook with some names (image below): 🔷 INCREMENTBYλ (LAMBDA function) 🔷 QuarterLookup (cell reference) 🔷 SQUAREλ (LAMBDA function) 🔷 TaxRate (cell reference) 🔷 tblData (dynamic table, which is a cell reference) Now it’s time for you to help her more easily find those named range references. You decide to use three different tools: 🔶 Name Manager: Ctrl+F3 to open the name manager, select the name, and set focus to the “Refers to” box to jump to the cell location 🔶 Name Box: Alt+F3 to open the name box and select the name to jump to the cell location 🔶 Go To dialog box: F5 to open the Go To dialog box, select the name, and click OK to jump to the cell location You realize I missed a tool. Will you tell me in the comments what another way is to achieve this “jump to the cell location” operation? ---- Follow our page Excel for CFOs to learn more about Excel in Finance & Accounting.

Excel Formula & Functions Cheat Sheet Credits to Abdul Khaliq, follow him for more content. The original post ---- =Excel Formula & Functions (100+(Cheat Sheet)*(Practice&$USE$DAILY)) Excel is an essential tool for finance and accounting professionals, and it has become an integral part of our daily work. Learning and practicing formulas in Excel can significantly increase our productivity, speed, and accuracy, making our jobs easier and more efficient. One of the most significant advantages of learning and practicing formulas in Excel is the time-saving benefits, especially if you learn keyboard shortcuts. Let me know in the comments what's your favorite Excel formula. 🤝 This is how you can help me create more content ⤵ 𝗟𝗶𝗸𝗲 👍 𝗦𝗵𝗮𝗿𝗲 🎙 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 💬 𝗙𝗼𝗹𝗹𝗼𝘄 👣 Here's what is on the Cheat Sheet: ✅ Charts & Graphs - Types and Usage ✅ Built-in Financial Analysis & Formulas ✅ Functions & Formulas ✅ Statistical, Logical & Lookup Functions ✅ CTRL+ Keyboard Shortcuts ✅ ALT+ Keyboard Shortcuts ---- Follow our page Excel for CFOs to learn more about Excel in Finance & Accounting.

Best Excel Tips: Round to the Nearest Dollar Easily and Accurately Top 5 Key Takeaways from this blog tutorial: 1. Accurate rounding is essential for presenting financial data clearly and adhering to accounting standards. 2. Excel offers multiple rounding functions, each suited for different rounding needs and scenarios. 3. The ROUND function is versatile, allowing for precise control over rounding up or down to a specified number of digits. 4. The CEILING and MROUND functions offer specialized rounding options for pricing strategies and rounding to specific increments. 5. Properly applied rounding techniques can streamline data analysis, improve readability, and minimize calculation errors. Read our Free Step-By-Step Blog tutorial which has a downloadable practice workbook and video. Click the link below 👇👇👇 https://lnkd.in/deZSuN_t 👍 Give us LIKE if you learned from this article ✍️ COMMENT below if you need any questions answered or enjoyed this article 🔄 Share the love with your friends/colleagues by REPOSTING this article with them 👉 CONNECT WITH ME for more Free Excel & Office productivity tips #excel #msexcel #microsoftexcel #careerdevelopment #exceltips #exceltipsandtricks #excel101 #worksmarter #followformore #MyExcelOnline

𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞 𝐘𝐨𝐮𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬: 𝐇𝐨𝐰 𝐄𝐱𝐜𝐞𝐥 𝐂𝐚𝐧 𝐇𝐞𝐥𝐩 𝐘𝐨𝐮𝐫 𝐒𝐦𝐚𝐥𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 Are you a small business owner looking for an efficient way to manage your finances? Microsoft Excel might be the perfect tool for you! 1️⃣ 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐢𝐧 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐢𝐧𝐠 𝐃𝐚𝐭𝐚: Excel allows you to store data in structured spreadsheets and even visualize it with charts and graphs. 2️⃣ 𝐌𝐚𝐜𝐫𝐨𝐬 𝐚𝐧𝐝 𝐅𝐨𝐫𝐦𝐮𝐥𝐚𝐞: Save time with Excel's macros, which automate repetitive calculations and updates in your reports. 3️⃣ 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐒𝐡𝐞𝐞𝐭𝐬: Predict future trends by analyzing historical data and estimating cash flow. 4️⃣ 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐛𝐥𝐞 𝐓𝐞𝐦𝐩𝐥𝐚𝐭𝐞𝐬: Create templates for receipts, invoices, and other reports to suit your unique needs. 5️⃣ 𝐕𝐚𝐬𝐭 𝐀𝐫𝐫𝐚𝐲 𝐨𝐟 𝐓𝐞𝐦𝐩𝐥𝐚𝐭𝐞𝐬: Excel comes with a library of templates for invoices, ledgers, budgeting, and more, ready to use with a click. 6️⃣ 𝐂𝐨𝐦𝐩𝐚𝐫𝐞 𝐃𝐚𝐭𝐚𝐬𝐞𝐭𝐬 𝐰𝐢𝐭𝐡 𝐄𝐚𝐬𝐞: Quickly compare financial data between different periods or customer bases to analyze performance. 7️⃣ 𝐀𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐥𝐞: Excel is cost-effective, as it comes bundled with the MS Office package and does not require annual renewal. What are your thoughts on using Excel for small business accounting? Share your experiences in the comments! Pdf Credit : epicareer #accounting #excel #smallbusiness #finance

Excel Top Tips: Boost your efficiency! 📈 Our expert Accountant, Matthew Shore (ACA), has shared his 5 tops tips for excel to help you: 1. Remove Duplicates: Easily clean up your data by removing duplicates with just a few clicks. Just go to Data > Remove Duplicates to produce a more manageable list of information. 2. Text to Columns: Need to split data in one column into several? Save time and energy by using the Text to Columns feature. Head to Data > Text to Columns. 3. Format Painter: Want to copy the look of one cell and apply it to others? Select the cell you like, click on the Format Painter, and apply that formatting wherever you need it. Keep your spreadsheet looking clean and professional with just a few clicks. 4. Conditional Formatting: Automatically highlight your data based on specified criteria to make it easier to read. It's a handy tool to understand your data more quickly. 5. Freeze Panes: Keep your headers and columns in sight while scrolling through large spreadsheets. Go to View > Freeze Panes. Start saving time and maximising efficiency in your work today! #ExcelTips #APRobinson #Accounting #Spreadsheets Comment below if you find these useful and have any others excel tips you'd love to share with us.👇

Back to basics: Formatting: #Excel, #Exceltips On the Home menu, is a section called Number. Which is slightly misleading, because it is about a lot more than numbers. This is where you can set how the user sees the information in a cell. Starting with how we can display numbers... for example, if you type in 15, you can set that to look like $15.00, using Currency setting (or Accounting). In the background, Excel will still treat this as 15, but the user sees $15.00. You can also set whether the number will have a comma. Another example when your data has a large number of decimal places, say 14.653983473. You can set the number of decimal places that are displayed, the full number is still there, but only the set number of decimal places will show in the cell. The formula bar still shows the full decimal places but the number in the cell is much easier to read. If you have ever pasted into Excel from another source, you may have noticed that dates do not always behave well. Sometimes, instead of dates you get numbers like 44732. This is a formatting issue. If you view this number as a date, it happily shows as 20/06/2022. This is because, way in the background, Excel treats dates as numbers. Formatting that number correctly, means it makes sense to us as a date. You can also set the date to display the way that you want it to. Setting the correct format for your cells makes them easier to read and saves time when inputting data.

MOST ACCOUNTANTS ARE ONLY SCRATCHING THE SURFACE OF EXCEL You’re spending hours: 🕒 Manually entering data 🔍 Fixing errors 📋 Double-checking every detail It’s exhausting—and far from efficient. THE PAIN POINT 💥 Missing out on Excel’s full power means: ❌ Wasting valuable time ❌ Making unnecessary mistakes ❌ Slowing down your workflow That’s not just frustrating—it’s costly. Every day, you’re managing complex financial data. Excel has the tools to simplify your work, but if you don’t know how to use them, you’re not just working harder—you’re working inefficiently. WHAT IF YOU COULD? ✅ Breeze through financial models ✅ Automate complex calculations ✅ Analyze data in minutes, not hours With the right Excel skills, this isn’t just a dream—it’s your reality. Excel isn’t just a spreadsheet; it’s your key to faster, more accurate financial management. STOP LETTING EXCEL HOLD YOU BACK. Master the basics. Learn the advanced tools. Watch your productivity soar. 🚀 👉 Follow Azhar Naveed for more tips on accounting, finance, and Excel mastery. #Excel #Accounting #Finance #Productivity

Excel Number Formatting Secrets Credits to Mynda Treacy, follow her for more content. The original post ---- Better than V/XLOOKUP! FILTER is the new must-know function for extracting data based on criteria. ⬇️Download the hi-res cheat sheet and watch the FILTER function video here: https://bit.ly/filterfnli This versatile function has a wide range of applications, making it a valuable addition to your Excel toolset. Don't get left behind. Supercharge your Excel skills by mastering FILTER today. ---- Follow our page Excel for CFOs to learn more about Excel in Finance & Accounting.

Get FREE Excel Tips! ⬇ https://lnkd.in/gNM-9QQ2 Tired of tedious data filtering? 🤔 Say goodbye to the old ways and embrace Slicers in Excel! With just one click, you can streamline your data like never before. Curious to learn more? Try it out! ✨ #exceltips #excel #productivityhacks #finance #accounting #microsoftexcel #spreadsheets #office