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Learning of the day

Useful shortcuts for Excel, MS Word and Tally that can help students work faster and improve practical efficiency.

CTRL +
SHIFT + →

Extend Selection MS Excel Shortcut

Extends the selection to the last nonblank cell in the same column or row as the active cell.

  • Select the starting cell.
  • Hold Ctrl + Shift.
  • Press an arrow key to extend the selection.

Exam Tip: Useful when selecting large ranges of continuous data quickly.

ALT + F6

Return to Document MS Word Shortcut

Moves from an open dialog box back to the document when the dialog box supports this behavior.

  • Open a supported dialog box.
  • Press Alt + F6.
  • Return to the document window.

Exam Tip: Remember this shortcut for quickly switching back from supported dialog boxes in Word.

ESC

Go Back / Clear Input Tally Shortcut

Goes back to the previous screen by closing the currently open screen and removes inputs provided or selected for a field.

  • Press Esc to close the current screen.
  • Use it to return to the previous screen.
  • It can also remove entered or selected field inputs.

Exam Tip: Esc is one of the most useful navigation keys in Tally for cancelling inputs and returning to the previous screen.

Downloads – Important Information

Click on the links below to access important study materials, shortcut lists, and financial documents provided by BPA Educators.

📘

Budget 2023 Highlights

Download
💼

Important Tally Shortcuts

Download
📋

Tally Ledger List

Download
🧮

Important Access Shortcuts

Download
💰

Income Tax Calculator (FY 2021-22)

Download
📝

Important MS Word Shortcuts

Download
📊

TDS Chart Rate (FY 2022-23)

Download
📁

Important Busy Shortcuts

Download
☁️

Google Drive Shortcuts

Download
📈

Important Excel Shortcuts

Download
📅

Compliance Calendar (FY 2022-23)

Download
🧾

Income Tax Calculator (FY 2022-23)

Download

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Excel & Financial Formulas — BPA Educators

A structured, learning-wise list of all important Excel formulas with structure and explanation — categorized for easy reference and practical learning.

Basic Formulas

FormulaStructureExplanation
AVERAGE=AVERAGE(A2:A10)Returns the average (mean) of values in the given range.
COUNT=COUNT(A2:A10)Counts the number of numeric entries in the selected range.
MAX=MAX(A2:A10)Finds the largest value in the selected range.
MEDIAN=MEDIAN(A2:A10)Returns the middle value in an ordered range of numbers.
MIN=MIN(A2:A10)Finds the smallest value in the selected range.
SUM=SUM(A2:A10)Adds all numeric values in the specified range.

💡 Tip: Ensure that your selected range contains only numbers; text entries are ignored by these formulas.

Time Formulas

FormulaStructureExplanation
TODAY=TODAY()Returns the current date; updates automatically each day.
NOW=NOW()Returns the current date and time; volatile function.
DATEDIF=DATEDIF(StartDate,EndDate,"Y|M|D")Finds the difference between two dates in years, months, or days.
YEAR=YEAR(Date)Extracts the year from a date value.
MONTH=MONTH(Date)Extracts the month from a date value.
DAY=DAY(Date)Extracts the day portion of a date.

🕒 Tip: Change cell format to “Date” or “Number” if results appear incorrect.

Logical Formulas

FormulaStructureExplanation
IF=IF(LogicalTest, ValueIfTrue, ValueIfFalse)Tests a condition; returns one value for TRUE and another for FALSE.
OR=OR(Test1, Test2, ...)Returns TRUE if any condition is TRUE.
AND=AND(Test1, Test2, ...)Returns TRUE only if all test conditions are TRUE.

💡 Tip: Combine IF with AND or OR for complex logical testing, e.g., =IF(AND(A1>10,B1<50),"OK","Check").

Lookup Formulas

FormulaStructureExplanation
VLOOKUP=VLOOKUP(LookupValue, TableArray, ColIndex, RangeLookup)Looks for a value vertically in a table and returns data from a specified column.

🔍 Tip: Always use FALSE for exact matches. Lock your range using $ (e.g., $A$2:$C$50) when copying.

Financial Formulas

FormulaStructureExplanation
PMT=PMT(rate, nper, pv, [fv], [type])Calculates periodic loan payment. Rate = interest per period, nper = periods, pv = present value (loan).

💰 Tip: Divide annual rate by 12 for monthly payments. Negative PMT indicates outgoing cash flow.

Statistical Formulas

FormulaStructureExplanation
SUMIF=SUMIF(range, criteria, [sum_range])Sums values meeting a single condition.
SUMIFS=SUMIFS(sum_range, criteria_range1, criteria1, ...)Sums values meeting multiple AND-based conditions.
COUNTIF=COUNTIF(range, criteria)Counts the number of cells matching a condition.
COUNTIFS=COUNTIFS(range1,criteria1,range2,criteria2,...)Counts cells satisfying multiple conditions simultaneously.
AVERAGEIF=AVERAGEIF(range, criteria, [average_range])Finds the average of cells meeting a condition.
AVERAGEIFS=AVERAGEIFS(average_range, criteria_range1, criteria1, ...)Finds average for data meeting multiple criteria.

📊 Tip: Use quotes for criteria, e.g., ">100" or "*Apple*" when matching text or ranges.