Enter A Formula Without Using A Function In Excel Excel Tip – Paste A Name Into An Excel Formula

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Excel Tip – Paste A Name Into An Excel Formula

In this article I have a quick, easy and very useful way to use a list with names that you have already created in your Excel workbook. If you haven’t used lists before in Excel here are three reasons to use them –

  1. Your formulas will make more sense.
  2. You can easily edit your formulas.
  3. You can easily write quick Formulas.

If you want to be able to create a named list in Excel then you can follow one of the two methods described below:

METHOD 1

Use the Formula Bar

First Select a Cell or Group of Cells | Click on the Name Box | Enter a name for your list

(Note there are a few conditions and or restrictions that apply to these names)

1- They can be a maximum of 255 words long

2- they must start with a letter or an underscore _

3- they can include stops

4- they cannot include any spaces or other punctuation marks

METHOD 2

First open a new Excel workbook

  1. Go to the Install menu

  2. Hit Name

  3. To Explain

  • The Define Name dialog box opens for you

  • Enter a list name

  • In the reference box you can adjust the range of cells if you want

  • Click OK

Once you’ve set up a defined range it’s ready to use in any formula you create in your workbook. Start typing your formula, and when you need to use a defined list all you have to do is do the following steps

  • Press the F3 key

  • The Name Manager box will be displayed

  • After this all your named borders will appear

  • Select the name of the range you want included in your formula

  • Click OK

Here’s an example you can work with. I have an array called name value_tax, which contains the tax rate I want to use in my formulas. I also have an ad value of 10,500 in cell A2 of my worksheet. I want to create a new value in cell B2 that is the effective tax amount for the sales price of 10,500, where my sales tax rate is 23%. Let’s proceed to build the formula in cell D2 in my worksheet as follows

=A2*value_tax

Once you are ready to enter the tax rate into your formula simply press F3 and select the specified range from your list.

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