- Open the workbook that contains the link.
- On the Edit menu, click Links.
- In the Source box, click the name of the link whose source you would like to change.
- Click Change Source.
- In the Change Source dialog box, click the source workbook you want to refer to.
Change the source of one link without affecting other links that use the source
- Select the cell with the link.
- In the formula bar , look for a reference to another workbook, such as C:\Reports\[Budget.xls], and change it to the name of the new workbook.