Create a Unique Formula with VLOOKUP & IFERROR to Lookup Data from 2 Tables│IFERROR with VLOOKUP

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#data #lookuptv #vlookup #indexmatch #hlookup #dataentry #excel
IFERROR with VLOOKUP in Excel
IFERROR with VLOOKUP to Get Rid of #NA Errors

The IFERROR function is an error handling function, and the VLOOKUP function is a referencing function. These functions are combined and used so that when the VLOOKUP function encounters an error while finding or matching the data, the formula knows what to do. The VLOOKUP function is nested in the IFERROR function.

IFERROR with VLOOKUP in Excel to Replace #N/A
While using VLOOKUP, whenever the value for which you are looking is not there in the data you get a #N/A error. In simple words, whenever VLOOKUP is not able to find the value it returns #N/A.

How IFERROR Works
In the IFERROR function, you need to specify two things. First, the value you want to evaluate, and second, a custom value you want whenever an error occurs. Here is the syntax for IFERROR:

IFERROR(value, value_if_error)
value: A Value to evaluate.
value_if_error: Value which you want to get in return when an error occurs.

First of all, IFERROR evaluates the value.
After that, if the value is an error it returns the value you have specified for the error, otherwise the value itself.

Combine IFERROR with VLOOKUP

Now, it’s time to combine VLOOKUP and IFERROR. For this, in IFERROR you need to simply replace the value with the VLOOKUP.

And, for the value_if_error argument, specify a value you want to return whenever VLOOKUP returns #N/A.

Here in the below example, you have used “Not Found” for the value_if_error argument. In all the cells where you have an error, it has returned “Not Found”.

How Both Functions Work
In this combination, both of the functions work in a sequence. First, VLOOKUP works in the same manner in which it works all the time. It lookup up a value and returns the result value if found, otherwise, an error.

Second, IFERROR evaluates the result of VLOOKUP. And, if that result is an error it will replace that error with the custom value you have specified. Otherwise, it will do nothing and you get the same result that VLOOKUP has returned.

Point To Remember
You need to understand one thing IFERROR replaces the value for all types of errors. So, you will get the same custom value for all the errors.

Conclusion
I am a strong believer that you should always use IFERROR with VLOOKUP to replace #N/A. The biggest reason is when you have numeric values in your data, then it’s not possible to use values with an error.

what is vlookup used for?
Vlookup function is used to search and retrieves data from a specific column in the table.

Hope you understood how to use the VLOOKUP function in Excel. You can perform these function in Excel 2016, 2013 and 2010. There are more articles on VLOOKUP and HLOOKUP. Please do check more links here and if you have any unresolved query, please state that in the comment box below. We will help you.

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