Beruflich Dokumente
Kultur Dokumente
Net
interest
Surplus
cash
Opening &
closing
balances
2
Options for the circular reference
3
The circular reference
● Turn “iteration” on
- File > Excel options > Formulas > Iterative calculation [on]
● Turn “iteration” on
- File > Excel options > Formulas > Iterative calculation [on]
6
Summary: the circular reference
7
8