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INSTITUTE OF BANKING PERSONNEL SELECTION INVITES APPLICATIONS FOR Post Name: MANAGER LEGAL NO. OF VACANCIES: 01 1) SALARY : NEGOTIABLE Candidates may mention in their application the last salary drawn

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Good morning good afternoon or good evening wherever you might be watching I'd like to demonstrate and explain to you in this upload how the naming of cells is used in Microsoft Excel here I have some annual income figures perhaps think of them as salaries and normally to add those figures I would perhaps use the Home tab go across to the autosum button it gets correctly press ENTER and there is my answer to eighty-eight thousand six hundred and ten dollars I'm going to delete that particular result and in its stead I'm going to drag down through these cells and here in this area called the name box I'm going to name those cells and call them salaries and the reason I do this after pressing enter is that I can now use the name of those cells in formulas and the way I do it is this I would type equal sum open a bracket SI l IR IES close the bracket and press enter, and I get the same answer if I look up here in the formula bar now I see that those cells are equal to the sum of the salaries in other words the answer the further formula can be read in plain English now here I have another cell with the superannuation rate 9.5% for example if I click in this cell and name it super underscore rate I started with a with an alpha character and no spaces I've used the underscore there to take care of a bit of separation in text and when I press ENTER I can now use that name in any formula so if I want to know what the annual superannuation liability for a company is over here in this cell because the owners of the business might say what is our superannuation liability for a year based on the salaries here and the formula I'll type in there is equal sum salaries I know I could refer to the cell but just to see how the naming works multiplied by the super underscore rate and when I press ENTER there is my answer I'll probably format that as a so that quite simply folks is how naming works lets me read the formula in plain English this is particularly handy where you might be looking at cells in spreadsheets that contain formulas that have been prepared by somebody else, and you want to see what they've done so if I click up here now in the formulas tab and then choose name manager I can see the names that I've created in this file the values that they have, and I can use those in my formulas that I want to enter into cells I can also say I'll just delete that particular formula there I can also say equals and then open a bracket, and I'll say some open another bracket and in the formulas tab I can use in the formula the particular named cell, so again I'll close that bracket x using formula the super rate, so that's another way to do it, and then I'll close the bracket press ENTER and I get the same answer, so there's a short demonstration and explanation of the way that naming of cells works in Excel thank you so much for watching and don't forget to subscribe we will be advised of lots more uploads that will be carried out in the coming days

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What is menegar?

Menegar is a financial report that must be filed with the relevant authority.

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The purpose of menegar is to provide information on the financial activities of the filer to the relevant authority.

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Menegar typically requires the reporting of income, expenses, assets, and liabilities.