This article describes a method to register one's UDF with Excel so
it shows up in a category of your choice, with argument descriptions as
well:

Custom category created by technique described in the article

Argument descriptions created by technique described in the article
Click here
to download the sample file.
Content:
Table ofContents
-
Introduction
-
How does it work?
-
Setting things up
-
Class Module
-
VBA code
-
Put to Use
-
Wrap Up