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Excel's XLOOKUP Feature Begins Arriving

1/6/2020

 
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Microsoft has begun rolling-out Excel’s anticipated XLOOKUP feature to some Office 365 subscribers. While not all Office 365 subscribers yet have access to this feature, if you are an Office 365 subscriber, you can expect receive this feature during 2020.  And once you do gain access to it, you will no doubt want to take full advantage of this great new enhancement to Excel.

XLOOKUP is alternative to VLOOKUP, HLOOKUP, and INDEX. While these three functions will remain in Excel, many users will find XLOOKUP to be simpler, more intuitive, and even more powerful. Some of the key differences between XLOOKUP and other lookup functions include:

  • XLOOKUP defaults to an exact match, whereas VLOOKUP and HLOOKUP default to an approximate match.
  • With XLOOKUP you do not have to specify a column index number as you do with VLOOKUP or a row index number as you do with HLOOKUP.
  • The arrangement of columns and rows does not matter with XLOOKUP because it can look to the left or right when using it as alternative to VLOOKUP. Likewise, it can look above or below when using it as an alternative to HLOOKUP.
  • XLOOKUP allows you to specify what happens if your lookup value isn’t found, without having to include an IFERROR

An Example

To begin to understand the advantages of working with XLOOKUP, consider the example presented in Figure 1. In this illustration, XLOOKUP is used to find the value from cell H2 in the range of B3 through B15. Keep in mind, this function defaults to an exact match. Once it finds the value it is looking for, it returns the corresponding value from the range D3 through D15. If no match is found, then the formula would return the phrase “Item Not Found.”
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Figure 1 - Simple Example of XLOOKUP-based Formula
Now compare the formula in Figure 2 to the one in Figure 1. See how the values to return are in the column to the left of values in the lookup column. This type of formula would not have been possible with a VLOOKUP function.
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Figure 2 - XLOOKUP-based Formula Finding Values to the Left of the LOOKUP Range

Summary

Not all Office 365 subscribers yet have access to XLOOKUP. However, the impending general release of the new feature is creating a lot of conversation. XLOOKUP is considered by most to be a superior option to VLOOKUP, HLOOKUP, and INDEX. Accordingly, as you gain availability to this terrific new function, you will no doubt want to incorporate it into your Excel toolbox.

To learn more about this and other Excel features, consider some of the Excel-focused learning sessions available from K2E Canada Inc. For information, visit www.k2e.ca/training


Tommy Stephens


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    Authors


    Ward Blatch
    Ward provides consulting and training services as the Managing Director of K2E Canada Inc. He joined K2E Canada in 2005 and is responsible for the Canadian operations of this international consulting group, which provides professional development technology education for accountants across Canada and the US. Ward lives in rural Nova Scotia and can be reached at ward@k2e.ca.

    Tommy Stephens
    Tommy is one of the shareholders in K2 Enterprises, affiliating with the Firm in 2003 and joining as a shareholder in 2017. At K2, Tommy focuses on creating and delivering content and is responsible for many of the Firm's management and marketing functions. Tommy resides in the metro Atlanta area. You may reach him at tommy@k2e.com.

    Randy Johnson
    Randy is a nationally recognized educator, consultant, and writer with over 40 years experience in Strategic Technology Planning, Accounting Software Selection, Paperless, Systems and Network Integration, Business Continuity and Disaster Recovery Planning, Business Development and Management, Process Engineering and outsourced managed services. Randy can be reached at randy@k2e.com


    Bernie Smith
    Bernie coaches businesses to develop meaningful KPIs and present their management information in the clearest possible way to support good decision making. As the owner of Made to Measure KPIs, he has worked with major organisations including HSBC, Airbus, UBS, Barclays, Credit Suisse, Lloyds and many more.

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