Excel warns about a circular reference but I can't find it

Big budget sheet, and every time I open it Excel shows the circular reference warning. The status bar mentions a cell sometimes but not always. How do you track down every circular reference in a workbook?
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1 Answer

hari_beta Nov 05, 2026
zeel_x
Formulas tab > Error Checking (the little arrow next to it) > Circular References. It lists the cell. The status bar at the bottom also shows 'Circular References' with a cell address while one exists.