Yes it does. This is because reference "B20" is relative and not absolute.
You can change a cell reference so that the column and/or the row reference is absolute and then it will not change when copied to another cell.
Click on the help icon and search for "relative absolute" and read the help article for further information.
relative cell reference
Relative cell
Cell references in a formula don't change if they are moved. Relative references will change if they are copied. Mixed references may change, depending on the type of mixed reference and which direction they are copied.
IT GIVES YOU $ BUT WHAT DOES IT DO IN EXCEL? The dollar signs $ can make the cell reference absolute =$A$1 is absolute reference, if you dragged the formula it will always be A1 =A1 is relative reference if you drag the formula the reference will change accordingly
J1 is a reference to cell J1 H4 is a refernce to cell H4 J1H4 is an incorrect reference and is not understood by Excel.
first
The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.The #REF error in Excel indicates that Excel is trying to reference a cell that does not exist. It often happens when rows or columns or removed, or cells are deleted completely, leaving the formula unable to find the cell that it is trying to reference. You will see it in place of a cell in the middle of a formula, indicating the cell it cannot find.
By default, in a spreadsheet like Excel, if you have a reference to a cell, like A1, when you copy the formula down (for example, the A1 is changed to A2, A3, etc. An absolute reference is one where the cell reference does not change when a formula is copied. In Excel, this is indicated by dollar signs. For example, $A$1 means that neither the "A" nor the "1" will change, when the formula is copied.By default, in a spreadsheet like Excel, if you have a reference to a cell, like A1, when you copy the formula down (for example, the A1 is changed to A2, A3, etc. An absolute reference is one where the cell reference does not change when a formula is copied. In Excel, this is indicated by dollar signs. For example, $A$1 means that neither the "A" nor the "1" will change, when the formula is copied.By default, in a spreadsheet like Excel, if you have a reference to a cell, like A1, when you copy the formula down (for example, the A1 is changed to A2, A3, etc. An absolute reference is one where the cell reference does not change when a formula is copied. In Excel, this is indicated by dollar signs. For example, $A$1 means that neither the "A" nor the "1" will change, when the formula is copied.By default, in a spreadsheet like Excel, if you have a reference to a cell, like A1, when you copy the formula down (for example, the A1 is changed to A2, A3, etc. An absolute reference is one where the cell reference does not change when a formula is copied. In Excel, this is indicated by dollar signs. For example, $A$1 means that neither the "A" nor the "1" will change, when the formula is copied.
It can be called a constant or fixed value. If it is not a value but a cell reference then it can be called an absolute reference.
When you absolute reference in Microsoft excel it means that you always want it to reference that cell within the formula. To absolute reference, put $ before the letter and the number.
A relative reference in a formula will change when it is copied.
relative
The F4 key can be used as you are typing in the cell reference in order to change it to a different reference type.
As you type, Excel displays the entry in the FORMULA BAR, and also displays the active cell reference int he Name box on the left.