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12 Nov

During a recalculation if Excel does evaluate the UDF it determines which cell references are actually being used inside the function to affect the function result, and if those cells have not yet been finally calculated it will reschedule the Function for later calculation.

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Once you turn it on, it's on - even if you don't save the workbook!

The syntax for the TODAY function is: The function does not have any arguments that can be set manually.

TODAY uses the computer's serial date - which stores the current date and time as a number - as an argument.

A workbook of mine that worked fine for several years, when using Excel 2003, suddenly refused to update all the formulas, after a switch to Excel 2010. When someone tells you that formulas aren’t calculating, it’s probably because the Calculation setting has been changed to Manual, instead of Automatic.

Even more mysterious, the calculations worked fine on some machines, but not others. That can happen if the first workbook that you open in an Excel session was saved as Manual calculation.