When working with formulas in Excel, you can make your life a lot easier by using range names. A range name is simply a name that you give to a cell or group of cells. You can then use that name in your formulas, rather than having to remember which cells you're referencing. Not only does this make your formulas easier to read and understand, but it also makes them less likely to break if you move or delete cells.
To apply a range name to a formula, simply type the name of the range into the formula where you would normally type the cell address. For example, if you have a range named "Sales" that starts in cell A1 and goes through cell A10, you could use the following formula to sum up those cells:
You can also use range names in more complex formulas. For example, let's say you have two ranges named "Sales" and "Returns". You could then use a formula like this to calculate your net sales:
If you want to get really fancy, you can even use range names in conjunction with other functions. For example, let's say you have a range named "Sales" that contains sales data for each month of the year. You could then use the VLOOKUP function to lookup the sales for a specific month:
This would return the sales figures for January from the "Sales" range. As you can see, using range names in your formulas can make them much easier to read and understand.