How Named Ranges Can Simplify Formulas and Improve Spreadsheet Navigation
Praveen Yadav
Business Analyst at DXC Technology | MBA - Finance | FLMI Level 1 Certified | Finance Statement Analysis | Financial Modelling | Financial Reporting | Microsoft Excel | VBA & Macros
When working with large datasets or complex formulas in Excel, navigating through endless cell references can become tedious and error-prone. That’s where Named Ranges come in handy. By assigning meaningful names to ranges of data, you can simplify formulas, make your workbook easier to read, and improve overall navigation.
What Are Named Ranges?
Named Ranges allow you to assign a unique name to a specific range of cells, which can be used in formulas and functions instead of traditional cell references. For instance, instead of writing =SUM(B1:B10), you could assign the name Sales_Data to that range and write =SUM(Sales_Data).
How to Create Named Ranges?
Step 1: Selecting Your Range
Step 2: Naming the Range
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Why do we need Named Ranges?
Simplify Formulas
Improving Spreadsheet Navigation
How to Manage Named Ranges?
Over time, you might accumulate many Named Ranges. Excel offers a tool to manage these efficiently.
Here, you can edit, delete, or create new Named Ranges as needed.
Things to Avoid While Working with Named Ranges
Next time you’re building an Excel model or handling large datasets, give Named Ranges a try you’ll be amazed at how much smoother your workflow becomes!