Unlock Excel’s Power: Streamline with Named Ranges

Working with long or complex formulas? Named ranges make your spreadsheets easier to manage, read and troubleshoot, especially when creating financial models or dashboards.
Create Named Ranges in Excel
How to create named ranges in three quick steps:
Step 1: Create and Manage Named Ranges
Highlight a range and click Formulas > Define Name.
- Use clear, descriptive names like “Revenue_Q1” or “Expenses_2024.”
Step 2: Use Named Ranges in Formulas
Replace hard-coded cell references:
- Instead of =SUM(B2:B12), use =SUM(Revenue_Q1)
Tip: Named ranges reduce errors and make formulas easier to audit.
Step 3: Review and Edit with Name Manager
Use Formulas > Name Manager to:
- See all named ranges in your workbook.
- Edit references or delete unused names.
Key Takeaways
Named ranges create cleaner, more understandable spreadsheets. This is critical when presenting to stakeholders or passing files to others. Here are some practical tips for success:
- Use underscores (_) instead of spaces in names.
- Avoid using named ranges for volatile functions like INDIRECT.
For more Excel tutorials, quick-tip videos and articles, check out LearnExcelNow.
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