Have you ever noticed how from time to time Word corrects some of your typos and also adds capital letters to the beginning of your sentences? That is caused by the AutoCorrect. Let me show you what I mean here. So let's say I'm starting a sentence and I write teh instead of the, and I press the space bar, Word automatically changes that to "The" with a capital T. Okay? So that's a very common word or a very common error that people make, and therefore, it's been pre-programmed into Word because that happens so much that they just need to correct it, and that saves time using the spellcheck function fixing those kind of typos. It's really great because some of the basic most common typos happen all the time. What you may or may not have come across as well is the fact there's some built-in shortcuts to create particular symbols that are also defined by the AutoCorrect as well. So for instance, the copyright symbol, (C), okay? You've also got the trademark symbol, (TM), okay? So these things are all driven by the AutoCorrect. So we type in the shortcut using the font as the normal font and the normal text, and Word does the rest of the work for us. So why is this? Well, it's all about the AutoCorrect settings. So to access those AutoCorrect settings, we need to go to the options menu, okay? So that's Alt+F+T for Options, and this is like if you're opening the bonnet or opening up the hood of a car, okay? This is where all the settings and all the clever stuff happens. Okay? Think about the ribbon as the dashboard. That's how you make your document nice and everything else. This is where we specify all the rules in the background. So let's have a look at this proofing section then, and at the very top of the proofing section you can see that we've got AutoCorrect options there. Okay? So you'll notice that there's some default settings in here, so you've got correct two initial capitals and capitalize the first letter of sentences, so you've seen that example already I just showed you with "the." Okay? If I scroll down here, you'll see some of the really common mistakes like "and" with another letter on the end, for instance, and "the" where the t and the space have been put in the wrong order, so that gets corrected to "and the", and so on, so there's loads and loads and loads of kind of very common typos that've already been put in there. And obviously, if you want to, if you're very prone to making certain typos, you can add your own, or alternatively, if you want to add your own shortcuts, you just have to put them in here as well. It's what I often do if I'm doing accounting, I actually do this in Excel to be honest, but it's exactly the same in Excel as it is in Word.

So if I'm building a cashflow statement in Excel, and I want to be lazy when I'm talking about the increase or decrease in assets or liabilities, I'll do something like this.

I'll replace (a) with increase, decrease, it should be lower case, increase decrease in, and then all I have to do is click "add." That's now been added to my AutoCorrect, and then hit okay and hit okay again. So now if I type (a), it gets replaced with increase or decrease in.