Objective
Understanding
& using INDIRECT Function.
The
reader/user should have basic idea of MS Excel
and Functions.
Concept
When
we link a cell with another cell say “=E9” it’s a direct link, we will get
value from E9. Whereas with INDIRECT function we create a cell address in form
of TEXT and Excel translate such TEXT into Cell address.
This
is a very powerful tool/function.
Practical use will be explained in separate post/lesson.
Features
of Direct Link:
·
Simple
& Quick
·
Retains
last value, if source file is not found
· Changes/updates
reference if row / column is inserted or E9 is cut and pasted to a new cell
Features of INDIRECT Link:
·
Once
learned: Simple & Quick
· Shows
#Ref error if source file is not open (If link is within same workbook, there
is not issue)
· Do
not Change/update reference if row / column is inserted or E9(Source) is cut
and pasted to a new cell. It retains reference created.
Let’s Use it
There
are two ways of using it:
Principally these both are same,
just like other Excel functions where either we can type argument within
equation or create a reference to another Cell.
1.1.
Reference in parenthesis:
1.1.1. =INDIRECT(“E9”) [Specific
Cell];Reference appears in parenthesis
1.1.1.1.This will get you value from E9,
just like “=E9”. But this is a static reference and will not change with
row/column insert or in cut paste event.
1.2. Refer
to another cell:
1.2.1. This is a two step process, wherein
Excel first looks for a Cell address and then from that address picks the Value.
1.2.2. =INDIRECT(D8) [Find reference in
D8]; Get Value from reference appearing
in D8
1.2.3. A1 = “You are looking for me”
1.2.4. D8 = A1
1.2.5. C1 = INDIRECT(D8)
1.2.6. Result/Value
in C1 = “You are looking for me”
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