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How to use the Excel watch window to see what is happening in key cells as you make changes to your spreadsheet.
In this example we have a spreadsheet that has been built over two sheets. One sheet containing the inputs, and another sheet containing some calculations and the results. And on this sheet we have two cells which are very important to us, being this cell the IRR cell and this cell which is the Net Present Value cell.
We’d like to see what happens to these cells when changes are made to the input cells, but its always a bit tedious to jump between the sheet. So what you can use is the Excel WATCH WINDOW
So for example it tells you
Now when we go back to the input sheet you’ll see
If you want to add more cells to the WATCH WINDOW it’s simply a case of
If you want a name to appear here that describes the cell you’re looking at, it’s simply a case of naming the cells. So for example
It makes it a lot easier to understand what values we are looking at
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Just a quick note to say your blog is brilliant. Full of useful bits of info. After your courses, I am by far the best modeller in our office, and we regularly get comments from our business partners on the quality of our models. Thanks for all the help,– Mike