Hello, everybody. Welcome to the second dashboard. In this video, we will learn a formula called offset. It is used for dynamic referencing. Here I created a small illustration just to demonstrate the example. So on this particular dashboard is a particular set of blocks.
These have a lot of money being put up over here, that person is standing here and I'm trying to navigate or guide the person to reach to a particular point where he can stand. And from there he throws a net to capture the data, the information will be provided in mind. Now, if I presume that this particular dashboard is like an Excel sheet where all the blocks are cells, and rows and columns, so let's bring the up to fate. So here it is. So ABC D. So I have column H and I have eight rows. Now first, we will start with the offset.
First we need to decide where to start the selection from so I might be standing at a particular location. So I have to give out the particular location. Where do I start? So currently, it's a one. So I'll say a one. So that's the starting point, how many sales?
Do I have to move down? The first parameter is how many sales do I move down? So here, I have to move three steps down, including the one where I'm standing. So three is a number. So I moved down three steps first. So there it is.
I'm down three steps. Now second question is, how many blocks Should I move to the right so that I reached the point where the data starts or where the money starts. So here, I have to move three more blocks to the right. So that's number three. So I'll move three more blocks to the right. Now once I'm on the third block, that means I've gone to the point from where the data starts in the current example from where the money starts.
So now I'll be throwing in that the net can can't be infinite, there should be width and height. So the first parameter is the height which is the height or what is the height of the particular area where the money are being placed. So currently from the active cell itself, I have to insert the data. So it can be a minimum one, but it cannot be zero that means 12345 so the height of the area that is being plotted with money is five blocks all say five, my net is ready to be spread across. So, I'll just have five blocks selected by the net. Now, the thing is I also have to input the width as well.
The width is also five blocks to the right so there it is, five blocks and that in turn will select the whole data for me. So you can see the money is now mine. So that was an illustration of how offset works. In the next video we will see how to use this in Excel. Till then keep practicing. See you in the next video.
Thank you