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Default Relatively new to excel and I need help

This is what I need.
I have data in let's say from A1:A200
I need that if I color which ever cell I choose from A1:A200, the cell
next to it displays a text of my choosing.
Example. If I select A5:A7 and color them Yellow, then B5:B7 will show
the letter R.
To get you in the picture, I need this so that when I'm doing a Bank
Reconsiliation, when I highlight the cells I need (by using the yellow
colour) in the cell next to it the letter R appears.
Thanks
 
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