How to Use Vlookup In Excel

Using Microsoft Excel to keep track of a huge amount of data takes a lot of time. When you have to compare data from multiple spreadsheets, that headache can get even worse. The last thing you want to do is use copy and paste to move cells by hand. You’re lucky that you don’t have to. You can Use Vlookup In Excel and save a lot of time to automate this task.

“Vertical Lookup” is what VLOOKUP is short for. It is a function that tells Excel to look for a certain value in a column (the so-called “table array”) and return a value from a different column in the same row. In financial modelling and other types of financial analysis, VLOOKUP formulas are often used to make models more dynamic and include more than one scenario.

For example, let’s say there was a debt schedule in a financial model, and the company had three options for the interest rate: 3%, 4%, and 5%. A VLOOKUP could look for a low, medium, or high scenario and put the interest rate for that scenario into the financial model. Below we have mention the steps to use Use Vlookup In MS Excel. Visit their official site for more details.

How to Use Vlookup In Excel

How to Use Vlookup In Excel
  • Click the cell where you want the VLOOKUP formula to be calculated.
  • Click Formulas at the top of the screen.
  • Click Lookup & Reference on the Ribbon.
  • Click VLOOKUP at the bottom of the drop-down menu.
  • Choose the cell where you will put the value whose data you want. In this case, our lookup value is H2, since this is where we will type the name of a tournament like “PGA Championship,” so we type “H2” in the lookup value box of the popup window. When we put the name of the tournament in cell H2 and set up VLOOKUP correctly, Excel will return the tournament’s Total Rating Value in cell H3.
  • In the table array box, type the data you want VLOOKUP to use for its search. In this case, the whole table has been chosen (excluding the headers).
  • In the col index num box, type the column number that VLOOKUP will use to find the right data. VLOOKUP is a bit confusing because you have to use the number value of the column instead of its letter value. In this case, we want VLOOKUP to use column D, which is the Total Rating Value column, so we type the number 4.
  • Enter FALSE (for an exact match) or TRUE (for a close match) in the range lookup box to say whether you need an exact match or a close match. In this case, we want an exact match, so we type FALSE.
  • At the bottom of the pop-up window, click OK.
  • Type in the value whose data you want to find. In our example, we want to find the PGA Championship’s Total Value Rating. To do this, we type “PGA Championship” into cell H2, and VLOOKUP automatically puts the Total Value Rating (in this case, 914) in cell H3.

What is VLOOKUP in Excel?

The VLOOKUP Function in Excel is a tool that lets you look up a piece of information in a table or data set and get the data or information that goes with it. In simple terms, the VLOOKUP function tells Excel, “Find this piece of information (like bananas) in this data set (a table) and tell me some related information (like banana prices).”

VLOOKUP is an Excel function that lets you find information in a table that is set up vertically. VLOOKUP can do both close and exact matching, and it can also do partial matching with wildcards (* and? ). The values you want to look up must be in the first column of the table you give to VLOOKUP.

Excel VLOOKUP is usually used to find a piece of information in your data set based on a unique identifier. It does this by searching through your data set based on the unique identifier. The letter “V” stands for “vertical” and is used to distinguish VLOOKUP from the HLOOKUP function, which looks up a value in a row instead of a column (H stands for “horizontal”).

FAQ

What is VLOOKUP explained?

“Vertical Lookup” is what VLOOKUP is short for. It is a function that tells Excel to look for a certain value in a column (the so-called “table array”) and return a value from a different column in the same row.

How do you explain a VLOOKUP in an interview?

Vlookup, which stands for “vertical lookup,” is a function built into Excel that works with data that is set up in columns. The function finds (or “looks up”) the value in one column of data for a given value and returns the value from another column that matches it.

What type of formula is VLOOKUP?

Excel has a built-in function called VLOOKUP that lets you search across columns. Note: The data used to look up must always be in the column on the left.

What is the VLOOKUP () function?

Excel has a built-in function called VLOOKUP that lets you search across columns. It’s written as =VLOOKUP and has these parts: =VLOOKUP(lookup value, table, col index num, [range lookup])

Editorial Staff
Editorial Staffhttps://www.bollyinside.com
The Bollyinside editorial staff is made up of tech experts with more than 10 years of experience Led by Sumit Chauhan. We started in 2014 and now Bollyinside is a leading tech resource, offering everything from product reviews and tech guides to marketing tips. Think of us as your go-to tech encyclopedia!

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