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Top Excel Tips & Tricks in 2024!

As a powerful calculation, graphic display, and pivot table tool, Excel provides decision support for today’s business and other professions. However, as is often the case with Microsoft products, Excel is packed with many hidden tricks, hot keys, and operations that the average user might not know of. The former can significantly improve your productivity when using Excel, as the latter two are rarely used.

Looking into the future of Excel, Microsoft stated in its website for Microsoft Office that Excel in 2024 will continue to be more powerful and easier to use, stating that it will have additional useful features added to it.

What you will gain in this article.

In this article, I aims to provide ten important Excel tips and tricks that users should consider in the year 2024 for efficient working with the data and spreadsheets. From the novice who wants to get acquainted with the Excel application to the advanced person who wants to polish their skills, such latest Excel hacks for 2024 will be of immense help because it will enable you to work smarter when using this application.

Shortcut Keys

Refrain from moving your hand to pick the mouse in an Excel workbook and move between cells; use keyboard navigation to switch between your workbooks effortlessly. Some useful shortcuts include:

  1. Ctrl + Arrow Keys: It is a feature that makes you go to the next cell of select without clicking.
  2. Shift + Arrow Keys: Choose the target cells
  3. Alt + Arrow keys: Move the cursor to a specific group of cells in the worksheet and then leap to the edge of those cells.
  4. Ctrl + Home: In your spreadsheet, navigate to the first cell of the matrix, which is A1.
  5. Alt, H, O + Arrow keys: Influence selection to be more aligned with arrow

Spending several minutes to make the little change results in great benefits when you work with Excel frequently.

Formatting Tips and Secrets to Make Reports Look Top Notch

Sick and tired of taking hours typing and formatting the spreadsheets just to come out with neat looking reports? Leverage these cool Excel features,

  1. Styles and Themes: It enables you to apply fonts, colors, borders on the spot to enhance the look of your spread sheet and charts.
  2. Format Painter: To ensure proper formatting of tables, select a format from one of the cells and apply to the rest of the cells.
  3. Custom Number Formats: Increase focus on cells contents by formatting numbers in a different way or even transforming unpretentious numbers into the progress bars!

These formatting tips will help you on how to make stylish Excel reports in a short time

Discover Power Query for Transforming Data

Power Query is a tool that can be installed in Excel and provides options for better data importing and data transformation. By 2024, it is likely that the Power Query will be fully native in Excel in order to facilitate the process of data refining and preparation. Clean up your accounting data, standardize dates, impute data, join data together, and much more all in a scalable manner. Power Query has a friendly, easy-to-use graphical user interface, and simple language called “M” to perform basic to intermediate data manipulation operations in Excel without learning VBA scripts.

Dynamic Arrays

Dynamic arrays help minimize array spills and provide a simplified formula through spilling out the results of the formula to the new cells in Excel 2024. Some features that were previously requiring Ctrl + Shift + Enter are no longer needed; one can work with arrays or fill the formulas across rows and columns. For instance, the simple operation of filtering a data table to omit blank cells can now be performed with an enhanced FILTER function that is not rigidly pre-programmed but rather has a dynamic feature depending on the outcome of the results.

Dynamic arrays extend what has been Excel’s formula and cell referencing factor. Introduce SEQUENCE and RANDARRAY functions to be able to create arrays on the fly with limited VBA help. Dynamic arrays prove to be helpful when dealing with the array output as it runs and responds faster across Excel.

Excel’s VLOOKUP function.

In most cases in your everyday work, you may require the information from one or several sheets or even workbooks. VLOOKUP is one of the most revolutionary functions in Excel which allows users to retrieve data from tables or sheets based on a key.
Some examples and tips to use VLOOKUP effectively:

  1. Retrieve relevant employee records by referencing the ID number
  2. Use the approximate and exact match features in order to search for data that are very close or identical to the data with typing errors
  3. Use multiple VLOOKUPS when data has to be matched in more than one source or when using multiple tables.

Learning VLOOKUP can be very useful to avoid using plenty of time searching for matching values.
On this basis, the methodology of conditional formatting for instant insights can be concluded.

Sick and tired of reading through some of the most monotonous documentation, a.k.a. spreadsheets? Let it use conditional formatting to draw attention to important trends, metrics, as well as odd data points.

Here are some formatting ideas to try

  1. The green pen should be used in coloring the sales figures when the targets set have been achieved while the red pen should be used to color the figures
  2. Identify the worst and best performers in an organization in a single analysis
  3. Draw attention to the duplicates and missing data in large datasets graphically
  4. To draw attention and specifically to max, min, above or below average values one can use the automatically tags.
  5. Display options of mini charts are data bars, icon sets, and color scales

XLOOKUP Function

You can think of XLOOKUP as the new-generation tool that has replaced older and more complicated functions like VLOOKUP or INDEX/MATCH. Currently, XLOOKUP is the most versatile lookup function capable of handling data arranged in any orientation, be it a vertical or horizontal fashion, and permits both one-off and approximate matching as well. Thus, the syntax for look up is made easier with the use of only one function to use instead of many nested functions which makes it easier to read.

Excel Tables.

In this case, when many employees are working together in one or more spreadsheets, the threat of undoing work or overwriting is always lurking. Oh, no! What’s the solution then? Excel tables, of course!
Tables offer powerful benefits like

  1. Apply filters instantly
  2. Ensure that formatting on a sheet is not affected by the insertion or removal of rows
  3. Auto fill handle is used to determine the range of data.
  4. Refer to tables ranges in formulas by using structured referencing by making all ranges dynamic
  5. Interacting with tables can be easy when using the table slicers.

By auto-generating tables, Excel keeps your data safe from accidental mixing when working with other employees.
Become a whiz at these Excel features and tools that make work a breeze to organize and present data for winning results!

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