Excel Formula linked to other Workbook

I currently use a formula like the one below:
='[Financial Statement Workbook Final Drafts_122011.xlsx]Balance Sheet'!$BF$11

I would like to make the reference to "BF" a value which is entered on this same sheet on column H row 1

Your help with the correct format would be greatly appreciated.
Who is Participating?

[Product update] Infrastructure Analysis Tool is now available with Business Accounts.Learn More

I wear a lot of hats...

"The solutions and answers provided on Experts Exchange have been extremely helpful to me over the last few years. I wear a lot of hats - Developer, Database Administrator, Help Desk, etc., so I know a lot of things but not a lot about one thing. Experts Exchange gives me answers from people who do know a lot about one thing, in a easy to use platform." -Todd S.

[ fanpages ]IT Services ConsultantCommented:
You may use this formula, entered into any cell on row 11:

=INDIRECT("'[Financial Statement Workbook Final Drafts_122011.xlsx]Balance Sheet'!" & $H$1 & "$11")

However, if you can going to copy the formula to any row that is not row 11, you may wish to use this:

=INDIRECT("'[Financial Statement Workbook Final Drafts_122011.xlsx]Balance Sheet'!" & $H$1 & "$" & ROW())

Experts Exchange Solution brought to you by

Your issues matter to us.

Facing a tech roadblock? Get the help and guidance you need from experienced professionals who care. Ask your question anytime, anywhere, with no hassle.

Start your 7-day free trial
Rob HensonFinance AnalystCommented:
Please note INDIRECT references to another workbook only work when the source workbook is open.

if you close the source workbook, the formula will show an error.

Rob H
[ fanpages ]IT Services ConsultantCommented:
Yes, thanks, Rob.

I was anticipating further dialogue with armgon prior to the question being closed.

If it had transpired that the workbook was closed, I would have suggested using a routine similar to the one I posted within a recent thread:

[ http://www.experts-exchange.com/Software/Office_Productivity/Office_Suites/MS_Office/Excel/Q_28668894.html#a40779101 ]
armgonAuthor Commented:
The formula works great.

These workbooks are set up with data that needs to be opened at same time.

Thanks for the efforts.
[ fanpages ]IT Services ConsultantCommented:
You're very welcome.  Happy to help.  Thanks for returning to offer feedback too.
It's more than this solution.Get answers and train to solve all your tech problems - anytime, anywhere.Try it for free Edge Out The Competitionfor your dream job with proven skills and certifications.Get started today Stand Outas the employee with proven skills.Start learning today for free Move Your Career Forwardwith certification training in the latest technologies.Start your trial today
Microsoft Excel

From novice to tech pro — start learning today.