In Microsoft Excel, VLOOKUP is one of the most useful and well known
  excel function that allow us to search and retrieve data from one column to
  another location. Before start using this function, we would like to discuss,
  what is VLOOKUP? and what is the formula of VLOOKUP in Excel?
What is VLOOKUP?
VLOOKUP function is a very useful function in Excel, which help us to
  find and extract cell value from one column to another column in the same
  row. 
According to Microsoft, The VLOOKUP function say to Excel:
=VLOOKUP(What you would like to look up - look for this piece of
  data/information like apple, where you want to look for it -
  in this data set/range, and tell me some corresponding data value about
  it - like the selling price of apple).
VLOOKUP Formula:
=VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
According to Microsoft, VLOOKUP function use the following arguments as
  mentioned below:
- Lookup_value: The value that you want to lookup.
 - Table_array: table range in which you are looking for the value.
 - Col_index: specifying the column number of table range from which you want to fetch the matching value.
 - Range_lookup: specify whether you want an exact match (False - if an exact match not found, then it will return an error) or an appropriate match (True - if an exact match is not found, use the closest match below the lookup_value).
 
How to use VLOOKUP in Excel?
To provide you better understanding, we would like to share with you an
  examples as mentioned below:
- How to Find Closing Stock of Electronic Items Using VLOOKUP Function and How to Create Drop-Down List as Lookup value.
 
Example - Find Closing Stock of Electronic Items Using VLOOKUP Function:
Suppose that you are working as a assistant inventory manager and your manager
  need to know that what is the closing stock of some electronic items on urgent
  basis for re-order of electronic items.
By following below mentioned steps you can easily find out your Lookup
    value:
Step 1: First Step is to
  organize the data by creating the inventory management sheet as
  mentioned below:
Step 2: Now the next step is to create "Item Description" and "Closing Stock" column in Cell "C18" and "D18" as
  mentioned in below snapshot:
Step 3: Now the next step is to
  type your Item Description in Cell "C19" for which you want
  closing Stock quantity as mentioned below:
Step 4: Now the final step is to insert
  the below mentioned formula in Cell "D19", to find out the closing stock
  quantity of "Table Lamp":
=VLOOKUP(C19, B6:H15, 7, 0)
Now you can see the VLOOKUP function working properly, you can also
  change the item description to find closing stock quantity of another
  electronic item. 
How to Create Drop-Down List as Lookup Value?
By following below mentioned steps, you can easily create drop down list for
  above mentioned example:
Step 1: Select Cell "C19" and
  Remove the Item Description as mentioned below:
Step 2: Now next step is to
  select Cell "C19" and click on Data menu tab:
Step 3:  Now in Data Tools group, click on
  Data validation drop down menu and select Data validation to
  open Data Validation Window as mentioned in below snapshot:
Step 4: Now in
  Data Validation window, click on
  drop down menu button of validation criteria and select the
  "List" from drop down menu as mentioned in below mentioned
  snapshot:
Step 5: Now you can see that new
  Source field has been shown on Data Validation window,
  now click on Source field button as mentioned below:
Step 6: After Clicking on
  Source field button, select the range of Cell from
  "B6" to "B15" for creating the drop down list as mentioned
  below:
Step 7: Now again click
  on Source field button and click OK to close the Data
  validation window as attached below:
Now you can see that drop down menu has been created, you can
  select your desired item description using drop down list to
  find out the closing stock quantity. 
Now you can see that your VLOOKUP function and
  drop down list both functions are working properly. snapshot
  attached below:
We hope that you will like this lesson.
---Thank You---
















5 Comments
This is amazing I didn't even know you can do this on Excel. Damn! Great job bro!
ReplyDeleteGreat Blog Brother! Keep it up.
ReplyDeleteVery informing! This should be taught as a regular subject. So glad you've made this blog! 👍🏻👍🏻👍🏻
ReplyDeleteThanks everyone
ReplyDeleteSo great article bro 👍
ReplyDelete