Possible to use cell linking for formulas?

I have multiple sheets that are set up in the exact same way, used by various team members. Each sheet has several formulas. If there is an update to the formula, I have to go into each sheet and adjust it. Is it possible to have a reference sheet that houses all the formulas and use some kind of link to reference the cell on the sheet, so when I update the reference sheet the edit is pushed out to all the sheets that use that formula? I tried this, but it seems to just return the result of the formula, not the formula itself. Nor am I able to make this result a column formula. Thanks!

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