Cell name reference is adding file path which causes errors in 2007

[truepokefan]

Sorry, first post here, I'll do my best to explain my problem.

I have a file with VBA code that does financial planning(MULTSTAT). It runs inside Excel and works great in Excel 97-03. It saves and opens data files (Elder1 in this example) through it's own menu.

MULTSTAT has cell names and the VBA code refers to these names. The problem is when I open my Elder1 file, the cell name reference changes and includes the file path and file name for Elder1 and not just the worksheet, column, and row.

Example:
Name: AccPay
Value: 30. Accounts Payable
Refers To: =BSdata!$A$122
Scope: Workbook

After opening the Elder1 file:

Name: AccPay
Value: #REF!
Refers To ='C:\IFFS+\Elder\[Elder1.xls]BSdata'!$A$122
Scope: Workbook

I really need to figure out why the file path and name are inserted into the refers to section of the name manager for the cell references and how to stop them from appearing there.

Let me know if I need to provide more information.

Thanks,

Randy