The References to other sheets guide
=B2*Settings!$B$2 multiplies B2 by cell B2 on the sheet called Settings. Keeping rates and other settings on their own sheet means you change them in one place and every formula follows.
The syntax
A reference to another sheet is the sheet name, an exclamation mark, then the cell: Settings!B2. If the name has a space or a symbol in it, Excel wraps it in single quotes: 'VAT rates'!B2.
Let Excel write it
- Start the formula in the cell you want:
=B2*. - Click the other sheet's tab at the bottom and click the cell.
- Press Enter. Excel writes the sheet name for you and takes you back.
Clicking avoids typos in the sheet name, which give #REF!.
Lock it before you fill down
A reference to another sheet slides when you fill down, like any other. Settings!B2 becomes Settings!B3 on the next row, which here is the reduced rate. Press F4 while the cursor is on the reference to make it Settings!$B$2.
Why keep rates on their own sheet
When the rate changes, you change one cell. A rate typed into each formula, like =B2*20%, has to be found and changed everywhere, and the one that gets missed is the one that causes the wrong invoice. The hard-coded values hunt is about exactly that.
Common mistakes
- No $. The rate slides down the Settings sheet.
- The wrong row. Two rates sit next to each other; check the label before you click.
- Multiplying by 100. 20% is already 0.2.
FAQ
- How do I reference a cell in another sheet in Excel?
- Write the sheet name, an exclamation mark and the cell: =Settings!B2. Or start the formula, click the other sheet's tab, click the cell and press Enter.
- How do I reference a sheet name with spaces?
- Put the name in single quotes: ='VAT rates'!B2. Excel adds the quotes itself if you click the cell instead of typing.
- Why does my reference to another sheet change when I copy it?
- It is a relative reference, so it moves with the formula. Lock it with $, =Settings!$B$2, before you fill down.
- Why do I get #REF! with a reference to another sheet?
- The sheet name is misspelled, or the sheet was deleted or renamed outside Excel's own rename. Click the cell instead of typing the name.






























































