If set to TRUE or "1" (which is the default) VLOOKUP will allow a non-exact match. If set to "0"or FALSE, VLOOKUP will require an exact match. In this case, we definitely want to allow a non-exact match because the exact sales amounts will not appear in the lookup table, so I'll use TRUE.Should I use match or VLOOKUP?
Why INDEX MATCH is Better Than VLOOKUP Dynamic Column Reference Leads to Fewer Errors. The key difference between INDEX MATCH and VLOOKUP is that VLOOKUP requires a static column reference while INDEX MATCH uses a dynamic column ... Insert Column Immunity. ... Easier to Drag and Copy. ... No Array Restriction. ... Right to Left Lookup. ... Doubles as an HLOOKUP. ... Lower Processing Need. ... Conclusion. ...Why to use VLOOKUP in Excel?
VLOOKUP only works with data that's organized in columns (e.g., in vertical sections), meaning that your data most likely has headers in the top row of cells but not in the far-left column of cells. If your data is organized by rows instead, you'll won't be able to use VLOOKUP to find a value.