With the application of timing techniques, the possibilities with Excel are endless. Consequently, below are some of the fundamental Excel shortcuts, financial analysts may find useful as they save a lot of time and helps them accomplish more.
1. Ctrl + Shift + L: Toggle Filters
The application of filters is very important as it helps in analyzing certain portions of the data. The data table contains Ctrl + Shift + L, which activates and deactivates the filters in a data table. This makes it very easy to analyze data trends, outliers or even specific types of reports by quickly pulling the necessary data.
2. Ctrl + T: Create a Table
It is always good to put some information in a table, even though it is sometimes not necessary, because it helps organize and better present the data. While performing this action, be sure to select the area that you wish to convert to a table and press Ctrl + T. This feature comes with sorting and filtering options, which helps a great deal in financial analysis of data.
3. Alt + E, S, V: Paste Special
There are instances when copying and pasting information on the sheet under the column values for 11each of them is needed, especially when dealing with financial figures. Pressing Alt + E, S, V allows to fill values using the Paste Special option. This option is important because you need to control what you are pasting so that your data does not get messed up in the process of copying and pasting.
4. Ctrl + ` (grave accent): Toggle Formula View
In order to discover any possible mistakes, or for the sake of comprehending complicated rationales, one can use Ctrl + ` and change the perspective from numerical values in the cells to the formulas forming these values and back. This is especially great when one is doing a financial model audit because you will be able to see quickly the calculations behind the figures.
5. F4: Repeat Last Action
Repetitive jobs are a bore sometimes, but with the F4 button you have an easier way to repeat the previous task. After all, whether that is formatting cells, applying borders or inserting rows, this shortcut saves time and energy.