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                      26                                          Using Range
                                                                  Names




                        Technique





                                                             hen working with spreadsheets, naming cell ranges you need to
                        Save Time By                         find quickly or print routinely is a really important way to save
                                                     Wtime. So too, naming cells that are referenced in your master
                          Naming ranges that you
                          routinely use              formulas is a really efficient way to document their functioning. Finally,
                                                     assigning range names to constants that you refer to in formulas (such
                          Naming constants for       as a fixed discount rate or rate of growth) is a really resourceful way to
                          formulas                   have access to a stable value without having to stick it in some cell in the
                          Using range names in       worksheet.
                          your formulas
                                                     In this technique, you find out how to use all three of these procedures to
                                                     save time in a worksheet that you access and edit on a somewhat regular
                                                     basis. As part of this timesaver, I also review the different ways you can
                                                     name cell ranges and hints on when to use one method over another.


                                                     Name That Range!


                                                     At the most basic level, naming a range in Excel is no harder than select-
                                                     ing the range of cells (this can be a single cell, cell range, or nonadjacent
                                                     cell selection), clicking the Name Box (on the same row as the Formula
                                                     bar that contains the current cell address), typing a unique descriptive
                                                     name for the range, and then pressing Enter.
                                                            Remember these range name conventions: All range names must
                                                            begin with a letter of the alphabet, contain no spaces (use under-
                                                            scores, please), and not duplicate any other name in the workbook
                                                            (keep those names unique).

                                                     In fact, I always name single-cell ranges or nonadjacent ranges from the
                                                     Name Box on the Formula bar. You never see me taking the time to open
                                                     the Define Name dialog box (Insert➪Name➪Define) and enter the
                                                     descriptive range name there.
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