Dim test As Range
Set test = Workbooks("MonthlyReport.xlsb").Worksheets("VC Report").Range("C1")
VBA shows Error 9: Subscript out of range. Why is this? What is wrong with it? The workbook MonthlyReport.xlsb is open.
Your code works fine for me (Excel 2007 / Win 7). Check the spelling of the workbook and worksheet. (especially matching spaces)
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