Protect the formulas, leave the input open
In a shared template, protecting the whole sheet is easy β but the real skill is unlocking just the handful of cells people actually need to fill in first, then protecting everything else, so a stray keystroke can never wipe out a formula.
How this differs from workbook protection
Sheet protection controls what can be edited within a single sheet, while workbook protection controls the structure of the file itself β whether sheets can be added, deleted, renamed, or reordered. Use sheet protection for guarding cell content, and workbook protection when you need to lock down the file's overall layout.
Frequently Asked Questions
Are all cells locked by default?
Yes β every cell in Excel has the "Locked" property turned on by default, but it only takes effect once you actually apply sheet protection.
How do I remove protection later?
Go to the Review tab, click "Unprotect Sheet," and enter the password you set to remove the protection.