How to Use Vlookup in MS Excel in Your Wholesale Discount Database_Sofia B_Precision Minister

8/18/2019 How to Use Vlookup in MS Excel in Your Wholesale Discount Database_Sofia B_Precision Minister

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How to use Vlookup in MS

Excel in your WholesaleDiscount Database

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What is Vlookup?

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You can use the

VLOOKUP function

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to search the first columnof a range of cells,

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and then return a value from anycell on the same row of the

range.

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The V in VLOOKUP

stands for vertical

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Use VLOOKUP instead of HLOOKUPwhen your comparison values

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are located in a column to theleft of the data that you want to

find.

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Syntax: VLOOKUP(lookup_value,table_array, col_index_num,

[range_lookup])

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The VLOOKUP function syntaxhas the following arguments:

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L k l Th l t


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Lookup value: The value tosearch in the first column of the

table or range

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Table array: The range ofcells that contains the data

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C l i d Th l


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Col index num: The columnnumber in the table array

argument

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from which the matchingvalue must be returned.

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R l k A l i l l


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Range lookup: A logical valuethat specifies whether you want

VLOOKUP

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to find an exact match oran approximate match

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When searching

number or date values,

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th t th d t i th fi t


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ensure that the data in the firstcolumn of table_array is not

stored as text values.

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I thi VLOOKUP i ht


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In this case, VLOOKUP mightreturn an incorrect or

unexpected value.

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When searching text values inthe first column of table_array,

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th t th d t i th fi t


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ensure that the data in the firstcolumn of table_array does not

contain leading spaces,

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trailing spaces inconsistent use


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trailing spaces, inconsistent useof straight ( ' or " ) and curly ( ‘

or “) quotation marks,

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i ti h t I th


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or nonprinting characters. In thesecases, VLOOKUP might return an

incorrect or unexpected value.

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Let’s begin!

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Open your MS Excel

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Click on it

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This is MS Excel

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I ill i t


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I will now input my

wholesale data

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T Wh l l


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Type Wholesale

discount

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Type quantity ordered

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Pl th titi f


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Place the quantities forWholesale

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Input the item codes

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Put price

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Type each price

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Type discount

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Type net price

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And type total

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Type discount schedule

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Place quantity

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Input the numbers

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Place discount

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Type the discounts

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Now lets use the


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Now lets use theVLOOKUP

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Click this cell

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Type equals sign =

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Type Vlookup

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Type open parenthesis (

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Cli k th fi t tit d d


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Click the first quantity orderedon the first column

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This is the lookup value

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Type comma ,

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This is the table array

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Lock it down by clicking


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Lock it down by clickingFn+f4

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Type comma ,


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Type 2


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2 is the 2nd column (discount)


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2 is the 2nd column (discount)in the table array


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Type close parenthesis )


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Press enter


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Now you have the


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Now you have therecommended discount rate


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Click on the cell


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Place your mouse at the


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Place your mouse at theend of the highlighted cell


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Till your cursor turned


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Till your cursor turnedinto a plus sign +


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And then double click


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And now you have the total list


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yof discount rates per quantity

ordered


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Lets find the total price of


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Lets find the total price ofeach quantity ordered


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Click this cell


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Type equals sign =


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Click 50 (first quantity


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Click 50 (first quantityordered)


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Type asterisk *


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Then click 25 00 (the


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Then click 25.00 (the first price)


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Press enter


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The total price will now appear


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The total price will now appearbut still without the discount


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Cli k h ll


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Click on the cell


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Place your mouse at theend of the highlighted cell


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Till your cursor turnedinto a plus sign +


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You now have the total list


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You now have the total listof prices sans the discount


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Lets find the final


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Lets find the finaldiscounted prices


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Cli k thi ll


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Click this cell


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T l i


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Type equals sign =


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Click the first total price


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Click the first total priceon the right


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T t i k *


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Type asterisk *


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T th i (


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Type open parenthesis (


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T 100%


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Type 100%


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T i i


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Type minus sign -


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Cli k th di t


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Click the discount


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T l th i )


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Type close parenthesis )


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Click enter


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Click enter


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Click on the cell


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Click on the cell


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yend of the highlighted cell


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yinto a plus sign +


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You now have the total list


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of discounted prices


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Highlight the 2 columns


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Highlight the 2 columns


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Go up the menu bar


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Go up the menu bar


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Click the dropdown menu


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Click the dropdown menu


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And choose accounting


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And choose accounting


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Now you have the


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ycurrency on each price


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Congratulations, you’re


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now a pro!


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Credits to Microsoft office and Danny


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Rocks of Youtube

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How to Use Vlookup in MS Excel in Your Wholesale Discount Database_Sofia B_Precision Minister