February 2013
Beginner to intermediate
576 pages
21h 30m
English
Instead of using a cell to store a constant value or function for use in a formula, you can create a name to store it and then use the name in a formula. If you wanted to calculate sales tax, for example, you could create a name called Sales Tax and assign it a constant value. You can also store text in a name. Instead of typing a long name, such as Environmental Protection Agency, you could create a name called EPA and then use the easy-to-type three letter abbreviation in a formula. When you use EPA in a formula as a text string, Excel replaces it with Environmental Protection Agency. It also works for functions and nested functions.
Click the Formulas tab.
Click ...