Alerters are now called Conditional Formatting in 4.2.

The functionality remains the same.  

To access Conditional Formatting, on the menu ribbon:

  1. Select the "Analysis" tab.

  2. Then select the "Conditional" sub-tab.

  3. Create a "New Rule" for the Conditional Rule.

To apply the Conditional Rule:

  1. Select the cell where the rule will be applied.

  2. Select the "Formatting Rules" drop-down menu within the "Conditional" sub-tab.

  3. Select the rule to be applied.

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