The difference – Now Offset is NOT returning a value. So in the illustrated example, it starts from the C8 cell, moves 0 rows and 0 columns and then gives an array of size 5 x 5 to the sum function! Offset( range, rows, columns, height, width ) On the face of it, it is a simple function – As the name suggests, it just offsets your reference. In my opinion it is one of the most versatile (And dangerous) functions to use. Not to worry! We have Offset function to our rescue! Real world is dynamic and business situations keep changing! Your excel is not that dynamic, when you use the IRR function and tell it to calculate the IRR, you show fixed cash flows! These cash flows are dynamic. You are to operate the project for some time and then sell it off! Can you tell me today, when you will sell? When you start the project can you be sure, for how long will you operate it? A VC gives you funds to buy a commercial project. Offset() function to Calculate IRR for Dynamic Range
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