troubleshooting Question

formula referencing another workbook gives #value! error when other workbook is closed

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developingprogrammer asked on
Microsoft Excel
9 Comments1 Solution417 ViewsLast Modified:
hey guys, i've got a consolidation workbook and many child workbooks. i've linked them up using a countif formula. everything works fine when the child workbooks are open. when the childworkbooks are closed and i try to Update Values via the below, i get #value! error. why am i getting this and why is it when my child workbooks are open they update just fine?

update values
guys and what is the difference between refresh all and update values?refresh all
here are the consolidation workbook and one of the child workbooks attached
Consol-Test.xlsFreddie-PAR-Checklist.xls
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