Macros for Automatically Implementing Modeling Best Practices

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This article is written by Myles Arnott from Excel Audit

In the first part on our Modeling Best Practices series, we learned 5 best practices to follow. This article shows how to automatically implement the best practices using macros.

Best Practice Modeling using Excel - Make these 5 changes to your Excel models today

Quick Re-cap on Modeling Best Practices

Make cell content and cell purpose visually identifiable at all times

In the first article I highlighted the fact that the content and purpose of every cell should be easily identifiable to the user at all times.

At a basic level we can identify two basic cell types:

Type Background Font Protection
Assumption or constant White Blue No
Output Grey Black Yes

 

Best Practice formatting made easy

In order to make the application of Best Practice formatting quicker and easier I have created three simple macros. These macros use Excel’s Go To Special function and then some simple formatting to the active sheet.

Demo of the macros

Please watch this 5 minute demo to understand how the macros work.

[Click here to watch the video]

Overview of best practice macros

Auto_Format:  automatically formats cells depending on their type:

  • Number constants (i.e. input cells) are white background, blue font & unprotected
  • Non number constants (e.g. formulae) are grey background, black text & protected

Constants_Format:  formats selected cells as white background, blue text & unprotected

Formula_Format: formats selected cells as grey background, black text & protected

And a couple of extras:

Simple_Audit:  A Simple Audit Macro that uses the go to special function to select and highlight specific cell types. This is the macro from the Managing Spreadsheet Risk article.

Clear_format: formats all cells as white background, black text & protected

A word of warning: These macros apply formatting to your spreadsheets. This formatting cannot be undone.

File to download

Since formatting steps vary for Excel 2003 & 2007, we have 2 versions of the files. Please download the appropriate file below:

Excel 2007 and above version

Excel 2003 & below version

These files have the macros embedded in them. You will need to move these macros into your personal workbook. Help on this.

Once in your personal workbook you can then add these to your QAT, or Ribbon.

Conclusion

Have a play with the macros on the example workbook and then, once you are happy with how to use them, you can start applying best practice formatting at the click of a button.

Let us know how you are implementing these best practices and your suggestions using comments.

Thanks to Myles

Many thanks to Myles for compiling all the tips & sharing this with us. If you have enjoyed this article, please say thanks to Myles. You can also reach him at Excel Audit or his linkedin profile.

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11 Responses to “Fix Incorrect Percentages with this Paste-Special Trick”

  1. Martin says:

    I've just taught yesterday to a colleague of mine how to convert amounts in local currency into another by pasting special the ROE.

    great thing to know !!!

  2. Tony Rose says:

    Chandoo - this is such a great trick and helps save time. If you don't use this shortcut, you have to take can create a formula where =(ref cell /100), copy that all the way down, covert it to a percentage and then copy/paste values to the original column. This does it all much faster. Nice job!

  3. Jody Gates says:

    I was just asking peers yesterday if anyone know if an easy way to do this, I've been editing each cell and adding a % manually vs setting the cell to Percentage for months and just finally reached my wits end. What perfect timing! Thanks, great tip!

  4. Jon S says:

    If it's just appearance you care about, another alternative is to use this custom number format:
    0"%"

    By adding the percent sign in quotes, it gets treated as text and won't do what you warned about here: "You can not just format the cells to % format either, excel shows 23 as 2300% then."

    • Steven Peters says:

      Dear Jon S. You are the reason I love the internet. 3 year old comments making my life easier.

      Thank you.

  5. Jon Peltier says:

    Here is a quicker protocol.

    Enter 10000% into the extra cell, copy this cell, select the range you need to convert to percentages, and use paste special > divide. Since the Paste > All option is selected, it not only divides by 10000% (i.e. 100), it also applies the % format to the cells being pasted on.

  6. Chandoo says:

    @Martin: That is another very good use of Divide / Multiply operations.

    @Tony, @Jody: Thank you 🙂

    @Jon S: Good one...

    @Jon... now why didnt I think of that.. Excellent

  7. sajith says:

    Thank You so much. it is really helped me.

  8. Winnie says:

    Big help...Thanks

  9. Chris Fry says:

    Thanks. That really saved me a lot of time!

  10. Texas says:

    Is Show Formulas is turned on in the Formula Ribbon, it will stay in decimal form until that is turned off. Drove me batty for an hour until I just figured it out.

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