Many users have heard of the Excel Vlookup function but are not clear about what it does. Therefore, this page aims to answer the common question "What is Vlookup in Excel?"
Vlookup is one of Excel's built-in functions. The function is used when you want to find a value in the left-hand column of a vertical array of data, and return the corresponding value from another column in the same array.
Imagine that your company keeps a spreadsheet of employee hourly rates of pay (see 'Hourly Pay' spreadsheet below). At the end of each month, the sales team manager sends you a list of hours worked by each of his staff during the month (see 'Sales Team Hours' spreadsheet below). It is your job to complete the 'Sales Team Hours' spreadsheet, to show the pay owed to each member of the sales team.
In order to calculate the pay owed to each sales team member, you first need to look up the hourly rate of pay for each person and insert this into column C of the 'Sales Team Hours' spreadsheet. This can be done using the Excel Vlookup function.
As illustrated below, if the Vlookup function is entered into cell C2 of the 'Sales Team Hours' spreadsheet, this can look up the name "Benson, Paul" in column A of the 'Hourly Pay' spreadsheet and return the corresponding rate of pay from column B. Therefore, in this example, the Vlookup function returns the value $32.00.
The full syntax of the Vlookup formula in the above example is not shown as, for now, we simply wish to explain what the Vlookup function does. The syntax of the Vlookup function is explained in a later stage of this tutorial.
However, for those who want to skip ahead, the above Vlookup is described in part 3 of this tutorial: Vlookup Example of Finding an Exact Match.
In the above example the Vlookup is used to find an exact match to the lookup value (which is the text string "Benson, Paul").
The Vlookup function can also be used to return a closest match to the lookup value if an exact match is not found. An example of this is given in part 4 of this tutorial: Vlookup Example of Finding the Closest Match.
If you are still unclear about the purpose of hte Vlookup function, a further explanation is provided in a short video on the Microsoft Office website.