![]() ![]() The PivotTable selection under the Data menu takes you straight into a Wizard that lets you choose the data for a PivotChart and easily format that data however you need. ![]() Pivot tables are interactive, giving users the ability to detect trends and make data comparisons. Newer versions of Excel have sophisticated pivot tables that allow a user to simplify and analyze complex data manipulations. It can be difficult to determine how to prioritize these job skills for a resume, but these are likely the skills that you will need as your baseline to serve an accounting function in the modern business industry. The skills mentioned below are more artistic in nature, and there are very few limits to the problems that a motivated accountant can’t solve after mastering these techniques. The modern accountant is expected to provide a unique value to their client base – after all, everyone has access to Excel in the cloud. One of the core concepts of developing a business regardless of industry is the ability to move beyond the stated function of your tools. Even the switch of the AICPA to Excel as its testing standard can only help to determine if an accountant knows the basics, not whether they can get creative with Excel’s vast array of options. Trend line– Your line and bar charts have the ability to add trendlines and scatterplots to more easily interpret the data and understand the relationships there.Ĭheck out this tutorial on how to create a bar chart in Excel:Īccounting certifications are a great way to quantify Excel skills for accountants, but they are by no means foolproof.The shortcut for plotting points this way is Alt+N+D. Scatter plotting – This is a great tool for exploring the trends in data points.You can enter information as percentages or absolute values. Breaking down data into components – If you are trying to show data with multiple components, the pie chart is usually the best option.You can use the following shortcut keys to create a line chart (Alt+N+L+N) or a bar chart (Alt+N+C). Time series charts – Bar and line charts are usually the best option for plotting data over a specific period of time. Here are a few tricks that you can use to quickly increase the visual appeal of your charts. Select a location range that is in the same worksheet as your data rangeĮxcel Charts has many features for not only creating reports but also making them look attractive to readers.Choose one of the built-in chart options.Creating these charts is a relatively simple procedure: The chart can be in a number of formats, including win/loss, bar or line format. Ctrl + Shift + 6 - Format cells in exponential or scientific formĪ chart line is a feature that allows you to embed charts inside cells, greatly improving your ability to consolidate large amounts of information into a single spreadsheet.+ 1 - Format numbers with two decimal places.For instance, holding Ctrl + Shift with the numerals below allows you to quickly apply common formats to large amounts of data: Learn the shortcut keys and pay attention to Excel’s new automation features to accelerate your work rate in the platform immensely. ![]() ![]() Whether you subscribe to the 80/20 rule of productivity or Buffett’s 5/25 of goal setting, shortening the time you spend in rote data entry and formatting helps to increase your efficacy as an accountant.Įxcel has the ability to auto-fill cells and add special formatting to cell batches more easily than ever. No less than Warren Buffett has explained the importance of business efficiency in every profession. The following is a list of the most important Excel skills for accountants, but it is by no means a full set-professionals are encouraged to consistently update their knowledge of the spreadsheet program, especially as the product updates itself from time to time. Learning Excel has never been more important, and the platform continues to add to its list of features. Start learning Excel for Accounting today! Start free trial ![]()
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