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OFFSET is an interesting formula and its one that can do so much more than meets the eye. The OFFSET is a way of giving Excel an address to go to. You start off by telling it how many rows to move and then how many columns to move to get to its destination. Now this destination can be a single house, like a single cell. It can be a street like many cells in one row or one column or it can also be like a town, like an area, a range in Excel. Now you might think what on earth can this be useful for? Why would I ever need to use an address in my Excel files? In this example, I have months here and sales revenue here and I want to get the average of the last six months. So obviously one way of doing this is to use the AVERAGE function and then highlight this, like this. But now the problem is that this is a dynamic report. So every month, new data comes in for August. I put in the data here. To get this average of the last six months to work properly, I have to drag this range down manual