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In this example, Ive created prevbalance as a named range that refers to the cell immediately above the current balance.. So, you need to use formulas that dont cause hidden or hard-to-detect errors The need for compatibility is one of the main reasons I use OFFSET in many of my templates.. Including the exclamation mark without the name of the worksheet is a trick I learned from Mynda Treacy that makes the relative named range work throughout the workbook.. Currently, Google Sheets treats all named ranges as absolute references (even though the references dont show dollar signs).. Notice that unlike OFFSET, Excel highlights cell F14 (the cell that prevbalance is referring to).. Notice that in the image above, the OFFSET formula highlights the reference (cell F15) rather than the cell that OFFSET refers to (cell F14).. While annoying to fix, its not as scary as the errors that are harder to detect The problem is that the balance formula in row 3 is still referencing the balance from row 2.. The balance formula in row 3 now contains a REF error because the reference to the balance in row 2 was deleted.. In fact, tracking accounts is one of the original uses for the spreadsheet dating as far back as when the ancients etched ledgers on clay tablets.. The ability that Excel gives us to insert rows, delete rows, and move rows via cut and paste, can introduce hard-to-detect errors.. I have a column to input comp time earned in that 2 week period and a column to input comp time used in that 2 week period.. It is also why it doesnt matter what cell in row 2 we choose in step 1 To create these named ranges, follow similar steps as above, except enter D2 and E2 in the Refers to field for deposit and withdrawal.. Another approach is to leave a blank row underneath the columns labels, or use the first row to enter the carry over balance instead of using a formula.. Even advanced users may not know about relative named ranges So, even though the formula may be easy to read, most people are not going to know why or how the formula works.. This particular use is very efficient, so it likely wont cause a problem unless you have a lot of other inefficient formulas that depend on the results of the OFFSET formula.. We may think our modern spreadsheets are far superior because we let Excel formulas do the math for us, but we can run into other types of errors instead.. In this case, a little green triangle indicates an inconsistent formula In fact, the running balance is wrong in both rows 2 and 3, because the formulas are not referencing the correct previous balance.
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