Why do you need a formula? Simply type a 0 anywhere on any worksheet, then copy it to the clipboard, then select the range to convert and use Paste Special>Values>Add. The range to processs can even span cells that contain text (but not formulae). Empty cells will end up containing 0s, regardless of whether you check the 'skip blanks' option.
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Cheers,
Paul Edstein
[Fmr MS MVP - Word]
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