LOOK! Free Excel Training << Back to Excel Formulas Index << Back to Excel Named Ranges
Let's
look at Named Constants. These are simply values that are given a meaningful name. For example, let's say you have a Workbook that has
many formulas using the percentage of 20% and this represents some
sort of 'special tax'. You can replace all those occurrences of 20%
with a Named Constant like "SpecialTax". Here is how you do this.
1) Go to Insert>Name>Define and in the "Names in
workbook" box type: SpecialTax
2) Now click in the "Refers to" box and type: =0.2 then click
Add.
Now you can replace formulas
like: =SUM(Yr2005Figures)*20% with: =SUM(Yr2005Figures)*SpecialTax
If you already have many Excel formulas using the 20% in their calculations,
you can either use Edit>Replace or Insert>Name>Apply
to replace them with ease.
The best thing about Named Constants is that any constant can be changed to
another value globally via Insert>Name>Define.
<< Back to Excel Formulas Index << Back to Excel Named Ranges
Excel Dashboard Reports & Excel Dashboard Charts 50% Off Become an ExcelUser Affiliate & Earn Money
Special! Free Choice of Complete Excel Training Course OR Excel Add-ins Collection on all purchases totaling over $64.00. ALL purchases totaling over $150.00 gets you BOTH! Purchases MUST be made via this site. Send payment proof to special@ozgrid.com 31 days after purchase date.
Instant Download and Money Back Guarantee on Most Software
Excel Trader Package Technical Analysis in Excel With $139.00 of FREE software!
Microsoft ® and Microsoft Excel ® are registered trademarks of Microsoft Corporation. OzGrid is in no way associated with Microsoft
GIVE YOURSELF OR YOUR COMPANY 24/7 MICROSOFT EXCEL SUPPORT & QUESTIONS