Are you working in finance and wondering how AI tools like ChatGPT can make your job easier? You’re not alone! ChatGPT prompts can help with a wide range of financial tasks—from writing emails to performing advanced data analysis.
In this article, you’ll learn 30 practical ways to use ChatGPT in Finance, sorted by skill level: Beginner, Basic, and Advanced. Whether you’re just getting started or you’re already using AI regularly, this guide has something valuable for you.
🟢 Beginner Level ChatGPT Prompts
For those just starting out with ChatGPT in finance.
These prompts are ideal for routine tasks, simple calculations, and learning support.
1. Prepare Reminder Letters
“Write a professional payment reminder letter for a client whose invoice is 10 days overdue.”
2. Explain Performance Metrics
“What is the difference between gross margin and net profit margin? Explain in simple terms.”
3. Learn Excel Formulas
“Explain how the VLOOKUP formula works in Excel with an example.”
4. Do Horizontal Analysis
“Can you perform a horizontal analysis on the following income statement data for 2022 and 2023? [Insert data]”
5. Simplify Finance for Others
“Explain what EBITDA means in simple language for a non-finance person.”
6. Draft Month-End Instructions
“Create a checklist for month-end close activities for a small business finance team.”
7. Brainstorm Inventory Ideas
“List 5 strategies to reduce excess inventory and improve working capital.”
8. Design a PowerPoint Slide
“Give me a slide outline for a financial performance review presentation.”
9. Vertical Analysis Help
“How do I do a vertical analysis on a balance sheet? Please explain with a sample.”
10. Storytelling with Data
“Turn this sales data into a short narrative I can present to leadership: [Insert data]”
🟡 Basic Level ChatGPT Prompts
For users who are familiar with ChatGPT and want to improve efficiency with more structured requests.
1. Draft Impairment Memo
“Create an impairment memo template for a company reviewing the value of its fixed assets.”
2. Find Cost-Saving Strategies
“Suggest 5 cost-reduction ideas for a manufacturing company with rising raw material prices.”
3. Step-by-Step PowerQuery Help
“Give me step-by-step PowerQuery instructions to merge two data tables based on product ID.”
4. Calculate KPIs
“How do I calculate ROCE and what data do I need for it?”
5. Explain Legal Terms
“Explain what GAAP compliance means in easy-to-understand terms.”
6. Summarize Meeting Minutes
“Summarize the following finance meeting notes into bullet points and highlight action items: [Insert notes]”
7. Write a Business Case
“Help me write a business case for investing in a new inventory management system.”
8. ERP Task Guide (SAP/Oracle)
“Explain how to create a journal entry in SAP with step-by-step instructions.”
9. Variance Analysis
“Perform a variance analysis based on these budget vs. actual figures: [Insert data]”
10. Research Best Practices
“What are current best practices in cash flow forecasting for mid-sized companies?”
🔵 Advanced Level ChatGPT Prompts
For professionals solving complex finance problems using advanced prompt engineering techniques.
1. Create Internal Procedures
“Write an internal procedure document for handling travel and expense reimbursements with approval workflow.”
2. Optimize Tax Liabilities
“List tax-saving opportunities for a U.S.-based SaaS company with $5M in annual revenue.”
3. Extract QuickBooks Reports
“Guide me step-by-step on how to extract and summarize a Profit & Loss statement from QuickBooks Online.”
4. Perform Distribution Analysis
“Perform a distribution analysis of this product’s monthly sales data. Identify outliers and trends. [Insert data]”
5. Develop Training Material
“Create a finance onboarding training outline for new hires covering core accounting policies.”
6. Build Month-End Templates
“Generate a month-end close checklist template for a mid-sized company with 5 departments.”
7. Improve Cash Flow
“Give me a 30-day plan to improve cash flow management in a business with seasonal income.”
8. Write Python/VBA Code for Automation
“Write a VBA macro that consolidates all Excel sheets into a single master sheet.”
9. ROI Calculator Prompt
“Help me create a simple ROI calculator in Excel. The inputs are cost, revenue, and duration.”
10. Define SMART Goals
“Help me define SMART financial goals for Q2 2025 for a retail business aiming to reduce expenses by 10%.”
💡 Bonus: Prompt Framework for Better Results
Use this framework to write better prompts:
CSI = Context + Specific Instruction
FBI = Format + Blueprint + Identity
- C – Provide Context
- S – Be Specific
- I – Add clear Instructions
Then include FBI:
- F – Specify Format
- B – Use a Blueprint
- I – Set the Identity (tone, audience, or role)
✅ Prompt Example Using CSI + FBI:
“Act as a financial analyst. Create a variance analysis report comparing Q1 budget vs. actuals for a retail business. Use bullet format and include 3 action recommendations.”
📌 Final Tip for Finance Professionals
👉 The more specific, structured, and contextual your prompt, the better the result. Don’t be afraid to ask ChatGPT to break down steps, summarize results, or adjust tone.
Learn More;
- ChatGPT Prompts for Job Interview (Best LLM Prompts)
- 20 ChatGPT Prompts That Will Blow Your Mind – LLM Prompts
- Unlock the Power of ChatGPT: 20 Golden Rules for Writing Effective Prompts
- Mastering ChatGPT Prompt Frameworks: Simple Guide to Write Better Prompts
- 10 Powerful ChatGPT Prompts for Content Creators Use to Create Unique & Actionable Content
