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Default Issue with a dynamic cell linking/reference formula

raravind82

New Member
Hello - I wanted to use a formula which needs to take up values from a cell. Within the formula, the cell reference/linking is not working. I have given a link with a clear pic of the issue. Can someone please point out the issue or help me with a solution? Image link -> http://imgur.com/a/IxvxX
 
A3:
=INDIRECT("'C:\Users\aravind.WIN10HP360\Desktop\beads\extract\" & G3 & "\[live_inventory.xlsx]live_inventory'!E2")
 
Sorry, this also is not working. I get a #REF! error though the dependent cells are perfectly fine. File attached as well :(

=INDIRECT("='C:\Users\aravind.WIN10HP360\Desktop\beads\extract\" & G3 & "\[live_inventory.xlsx]live_inventory'!E2")
 

Attachments

Update: Found out that the formula recommended by you above works when the second workbook referenced by the formula is kept open!!! When the other referenced workbook is closed the formula also throws up an "#REF" :) :( Not sure why. Well, need to do more. Thanks a lot for the formula. I will definitely try to pick it up from here...
 
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