Meaning of excel formula

Posted on 2011-10-03
Last Modified: 2012-05-12
Can someone please tell me the what the formula attached as image is doing? Especially, I need to know what Table4 is doing here?

Any help will be highly appreciated.

Question by:KoolAsIce
    LVL 50

    Expert Comment


    these formulas use a reference to a table that has been created with Insert > Table.

    You can toggle back to normal referencing with a setting in the Excel Options. In 2010 it is

    File > Options > Formulas > Use table names in formulas

    Untick that and the familiar cell references will be displayed in the formulas.

    cheers, teylyn

    Author Comment

    hi Teylyn,

    Thank you so much for your reply. I did try that, but that didn't change anything.

    Could you possibly make any sense of these formulas just by looking at them? If you do please let me know.

    Thank you so much for your help.
    LVL 85

    Accepted Solution

    It is adding the event costs from table 4 where the event type matches one of the specified criteria. It also won't work if the source workbook is closed.

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