Excel's XLOOKUP Function: Unleashing the Superhero of Lookup

TLDRLearn how to use Excel's XLOOKUP function in five different scenarios, including handling errors, using wildcards, horizontal lookup, two-way lookup, and approximate match. Get maximum bonus calculations based on employee salaries. XLOOKUP is the new superhero of lookup functions, replacing VLOOKUP and INDEX MATCH.

Key insights

💡XLOOKUP is Excel's powerful new lookup function that can replace VLOOKUP and INDEX MATCH.

🔍XLOOKUP can handle errors by specifying a value for when the lookup value is not found.

💫Wildcards can be used in XLOOKUP to perform partial match lookups.

↔️XLOOKUP can be used for horizontal lookups, replacing HLOOKUP.

🔀Two-way lookups can be achieved with XLOOKUP by using nested XLOOKUP functions.

Q&A

What is XLOOKUP and how does it differ from VLOOKUP and INDEX MATCH?

—XLOOKUP is Excel's new lookup function that combines the functionalities of VLOOKUP and INDEX MATCH. It offers more flexibility and advanced features, making it easier to use and more powerful than its predecessors.

Can XLOOKUP handle errors when the lookup value is not found?

—Yes, XLOOKUP can handle errors by specifying a value to return when the lookup value is not found. This allows for better error handling and prevents #N/A errors in your spreadsheet.

Can XLOOKUP perform partial match lookups?

—Yes, XLOOKUP supports wildcards, allowing you to perform partial match lookups. This means you can search for a value that partially matches the lookup value, opening up new possibilities and making it more versatile than ever.

Can XLOOKUP perform horizontal lookups?

—Yes, XLOOKUP can be used for horizontal lookups, replacing the need for HLOOKUP. This gives you more flexibility in organizing your data and simplifies your formulas.

Can XLOOKUP perform two-way lookups?

—Yes, XLOOKUP can perform two-way lookups by using nested XLOOKUP functions. This allows you to search for values based on both rows and columns, providing even more powerful lookup capabilities.

Timestamped Summary

00:00Introduction to Excel's XLOOKUP function as the new superhero of lookup functions that can replace VLOOKUP and INDEX MATCH.

03:00Demonstration of XLOOKUP function in handling errors and specifying values for when the lookup value is not found.

05:50Explanation of how XLOOKUP supports wildcards for partial match lookups.

07:57Tutorial on using XLOOKUP for horizontal lookups, replacing the need for HLOOKUP.

09:57Demonstration of XLOOKUP for two-way lookups by using nested XLOOKUP functions.

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