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Use the Name Manager (either Excel’s own or the free third-party JKP Name Manager ) to check all names for links, particularly phantom links which are not used but clutter up the list. The link values from closed files are not refreshed in a recalculation.

To control whether values are updated when the workbook containing the links (the ‘target’ workbook) is opened, use the Edit Links button in the Data tab of the Ribbon. If true, the user is alerted and can choose whether to update or not. 2: Don’t display the alert and don’t update automatic links Links are not updated at startup, regardless of the setting of Application. 3: Don’t display the alert and update links Links are updated at startup, regardless of the setting of Application. Excel provides no way to automatically refresh the values of external link formulas to CLOSED workbooks. To update all links, pass it the array of link sources as follows: If you omit the parameter, by default Excel uses xl Link Type Excel Links.

There are many options in Excel that control this depending on the kind of link it is.

I’ll cover the usual external links in formulas first, then finish up with the other kinds.

This chapter takes you through some formula basics, including constructing simple arithmetic and text formulas, understanding the all-important topic of operator precedence, copying and moving worksheet formulas, and making formulas easier to build and read by taking advantage of range names.

In This Chapter Understanding Formula Basics Understanding Operator Precedence Controlling Worksheet Calculation Copying and Moving Formulas Displaying Worksheet Formulas Converting a Formula to a Value Working with Range Names in Formulas Working with Links in Formulas Formatting Numbers, Dates, and Times that perform calculations and produce results.

This is actually a good practice to get into because separating the elements of a formula in this way can make them much easier to read.

Note, too, that Excel also accepts line breaks in formulas.

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If you get a prompt to update links when you open a workbook, but you cannot find any cells containing links, the link is probably in a name. If the source workbooks are open at the same time as the target, the formulas are part of the recalculation chain as normal.

Create External Reference | Alert | Edit Links An external reference in Excel is a reference to a cell or range of cells in another workbook. In the Company workbook, select cell B2 and type the equal sign = 3.

Below you can find the workbooks of three divisions (North, Mid and South). On the View tab, in the Window group, click Switch Windows.

Most worksheets are created to provide answers to specific questions: What is the company’s profit? You can answer these questions, and an infinite variety of others, by using Excel formulas.

Are expenses over or under budget, and by how much? All Excel formulas have the same general structure: an equal sign (=) followed by one or more NOTE Excel doesn’t object if you use spaces between operators and operands in your formulas.

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