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Linking and Consolidating Worksheets 27<br />

FIGURE 27.7<br />

Three worksheets to be consolidated.<br />

Excel creates the consolidation, beginning at the active cell. Notice that Excel created an outline, which is<br />

collapsed to show only the subtotals for each product. If you expand the outline (by clicking the number 2<br />

or the + symbols in the outline), you can see the details. Examine it further, and you discover that each<br />

detail cell is an external reference formula that uses the appropriate cell in the source file. Therefore, the<br />

destination range is updated automatically if any data is changed.<br />

Figure 27.8 shows the result of the consolidation, and Figure 27.9 shows the summary information (with<br />

the outline collapsed to hide the details).<br />

CROSS-REF<br />

For more information about Excel outlines, see Chapter 26.<br />

Refreshing a consolidation<br />

When you choose the option to create formulas, the external references in the consolidation workbook are<br />

created only for data that exists at the time of the consolidation. Therefore, if new rows are added to any of<br />

the original workbooks, the consolidation must be re-done. Fortunately, the consolidation parameters are<br />

stored with the workbook, so it’s a simple matter to re-run the consolidation if necessary. That’s why specifying<br />

complete columns and including extra columns (in Step 3 in the preceding section) is a good idea.<br />

Excel remembers the references that you entered in the Consolidate dialog box and saves them with the<br />

workbook. Therefore, if you want to refresh a consolidation later, you don’t have to re-enter the references.<br />

Just display the Consolidate dialog box, verify that the ranges are correct, and click OK.<br />

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