The INDIRECT function is useful when you want to return a value, based on a text string. For example, select a range name from a drop down list, and get the total amount for the selected range. In this screen shot, choose Actual or Budget in cell B2, and the total appears in cell B3.
INDIRECT Function Arguments
The INDIRECT function has two arguments: INDIRECT(ref_text,a1)
ref_text: A cell reference or a text string (or both), that create a range reference to a cell, range of cells or named range.
a1: (optional) Does the reference use A1 reference style?
TRUE, or omitted -- ref_text is must be "A1" style
FALSE -- ref_text must be "R1C1" style
Returns a reference to a range that is a specified number of rows and columns from a cell or range of cells. The reference that is returned can be a single cell or a range of cells. You can specify the number of rows and the number of columns to be returned.
= OFFSET(reference, rows, cols, [height], [width])
The OFFSET function syntax has the following arguments:
Reference Required. The reference from which you want to base the offset. Reference must refer to a cell or range of adjacent cells; otherwise, OFFSET returns the #VALUE! error value.
Rows Required. The number of rows, up or down, that you want the upper-left cell to refer to. Using 5 as the rows argument specifies that the upper-left cell in the reference is five rows below reference. Rows can be positive (which means below the starting reference) or negative (which means above the starting reference).
Cols Required. The number of columns, to the left or right, that you want the upper-left cell of the result to refer to. Using 5 as the cols argument specifies that the upper-left cell in the reference is five columns to the right of reference. Cols can be positive (which means to the right of the starting reference) or negative (which means to the left of the starting reference).
Height Optional. The height, in number of rows, that you want the returned reference to be. Height must be a positive number.
Width Optional. The width, in number of columns, that you want the returned reference to be. Width must be a positive number.