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With a regular formula you cannot change the value in another cell. So it is not possible to have a formula in one cell that changes a value in another cell. You can reference a value in another cell. You can type the address of a cell into another cell and then using a formula you can check a cell for the address of another cell and get the value from that other cell. The INDIRECT function can be used to do this. Say you put 10 in cell C1 and then type C1 into cell B1. Then if you put =INDIRECT(B1) into cell A1, it will look at cell B1, see C1 is in it and then look at cell C1, which will result in 10 being put into A1. Another function that may be useful is the ADDRESS function, which can be used to identify a cell by picking its row and column numbers.

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What are the disadvantage of using formula in excel instead of using cell reference?

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In Excel what can be assigned to a cell that will display a calculated result?

formula