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Default Pivot table irritation

This is causing me a lot of unnecessary work.

Whenever I format cells and do a refresh
the formatting reverts back to default.

Eg. I format date as Jan-05 when it shows 05/01
to Jan 2005. On entering new data and refreshing
it reverts back to 05/01.

I have selected keep formatting option in Table Option.
Is there something else I have to do to get the
formatting I want?

Help appreciated and thanks