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A number format cycle includes one or more number formats. Simply repeat a cycle's shortcut keystroke to apply the next format in the cycle to selected cells. Macabacus comes pre-loaded with carefully selected number formats that we recommend for financial modeling because they work well for aligning numbers in commonly used finance.
The number formats in each cycle can be customized in the
Excel > Format > Numbers section of the Settings dialog. If you need assistance with creating or modifying number formats, see this Microsoft guidance. Check the
Align numbers right box to automatically align numbers to the right of the cell when applying number formats using these cycles. Check the
Italicize percentages box to automatically italicize fonts when applying percentage number formats.
A single dollar sign ("$") in a number format instructs Excel to apply the currency symbol (e.g.,"€", "£") set in Windows. To ensure that currencies are formatted in USD, regardless of your Windows currency symbol setting, replace all occurrences of "$" with "[$$]" in your currency number formats.
If a number format cycle does not appear to be working, the workbook may contain too many number formats (an Excel limitation). Try removing unused number formats from the workbook.
If you receive an "Invalid number format" error when customizing number format cycles, the active workbook may contain too many number formats. In this scenario, open a new workbook and try again.
Example: 1,000; 1,000.0; 1000
Example: $345; $1,234.5; $15.75
Example: €500.0; ¥20,000; £14.5
Example: 49.9%; 150bps; L+350
Example: 8.9x; 1.25x
Example: 9/30/2016; 2016-09-30; Sep 30, 2016
Example: Yes/No; Y/N; On/Off; True/False
Example: 1.23:1; 6/10
For optimal Increase/Decrease Decimals performance, ensure that your thousands and decimal separator (e.g., "," and ".") settings in Excel match your system separator settings.
Increase the number of decimal places shown for numeric values in selected cells. Repeat to continue increasing the number of decimal places shown.
Decrease the number of decimal places shown for numeric values in selected cells. Repeat to continue increasing the number of decimal places shown.
Shift the decimal point to the left for all numeric inputs within the selected range of cells. This has the same effect as dividing by 10. Repeat to continue shifting the decimal point to the left. Note that this operation works on numeric inputs, only, and will not modify formulas.
Shift the decimal point to the right for all numeric inputs within the selected range of cells. This has the same effect as multiplying by 10. Repeat to continue shifting the decimal point to the right. Note that this operation works on numeric inputs, only, and will not modify formulas.
This documentation refers to Macabacus version 8.11.12. Some features and descriptions of these features may not
apply to older versions of Macabacus. Update your Macabacus software to take advantage of the latest features.