Excel Skills Starter · free course

Free course · Lesson 1 of 5

Excel Fundamentals Refresher

In this lesson you will

  • Use absolute and relative references correctly
  • Build formulas that stay correct when copied

This program builds on basic Excel skills, so we start with a quick refresher on the concepts every advanced technique depends on: cell referencing. Getting this right is the difference between a formula that works when copied across a sheet, and one that breaks.

  • Relative reference (e.g. B2): changes automatically when you copy the formula to another cell.
  • Absolute reference (e.g. $B$2): stays locked to the same cell no matter where you copy the formula. Use it for values like a tax rate or exchange rate that every row should reference.
  • Mixed reference (e.g. $B2 or B$2): locks only the column or only the row.
  • Press F4 after clicking a cell reference in a formula to quickly cycle between relative, absolute, and mixed.

Practical Skill: Build a price list where every item's total is Quantity × Unit Price × (1 + Tax Rate), with the tax rate in one locked cell referenced by every row using an absolute reference.

TemplateAbsolute vs Relative Reference
Worksheet
=== TAX CALCULATION SHEET ===       A            B          C            D1     Tax Rate:    0.0523     Item         Qty        Unit Price   Total4     Notebooks    10         1,500        =B4*C4*(1+$B$1)5     Pens         50         200          =B5*C5*(1+$B$1)6     Folders      20         800          =B6*C6*(1+$B$1) Notice: $B$1 stays locked to the tax rate cell when theformula in D4 is copied down to D5 and D6 — but B4, C4shift automatically to B5/C5 and B6/C6.

Practice exercise

Build a price list where every USD price is calculated from SSP prices using one exchange-rate cell, then change the rate and check every price updates.

Key takeaways

  • $ fixes a column or row when a formula is copied
  • Keep fixed values such as rates in one labelled cell
  • Excel tables keep formulas correct as data grows
In the full program Module 1: Reliable Formulas and Excel Tables See how this topic is taught in depth, with practical activities and an assessment.

Free self-study lesson — no certificate. For the full instructor-led program, see registration options.