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Why didn't my dynamic formula update correctly in my Conga Composer Excel output file?

Why didn’t my dynamic formula update correctly in my Conga Composer Excel output file?

Question or Issue

When I use a Conga dynamic formula in an Excel file and run a merge, the output result displays as #NAME?

The workaround is to use a regular Excel formula when you encounter the issue, or to manually click in the Excel cell and hit Enter for the results to display as intended.