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Pretty much any and all formatting that Word/Excel do automatically can be controlled through AutoCorrect.
AutoCorrect is a feature much reviled by light users of the application (and justifiably so for some of the default settings) but is among one of the most powerful tools for advanced users. Just a mild example but currently I have reason to type this phrase a lot: HL/CL Statement Suppression Q1 2009 - Project #XXXXX. And it has to be in that form. Because of AutoCorrect and a little bit of acclimation I just type /hl and it automatically gets transformed into the correct phrase. I have another one for my full signature block. I know some people who have turned Word into a shorthand machine their AutoCorrect list is so extensive and their comfort in typing that way so practiced.
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