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Excel Functions and Formulas

 

 

Lesson 7: Excel Spreadsheets Lookup and Reference Functions (18)

Functions What it Does
INDEX

Uses an index to choose a value from a reference or array (Powerful in INDEX/MATCH Formulas)

MATCH

Looks up values in a reference or array
(Powerful in INDEX/MATCH Formulas)

INDIRECT Returns a reference indicated by a text value
OFFSET  Returns a reference offset from a given reference
ADDRESS Returns a reference as text to a single cell in a worksheet
AREAS Returns the number of areas in a reference
COLUMN Returns the column number of a reference
COLUMNS Returns the number of columns in a reference
CHOOSE Chooses a value from a list of values
GETPIVOTDATA Returns data stored in a PivotTable
HLOOKUP

Looks in the top row of an array and returns the value of the indicated cell
(INDEX/MATCH Formula does better)

HYPERLINK Creates a shortcut or jump that opens a document stored on a network server, an intranet, or the Internet
LOOKUP

Looks up values in a vector or array
(INDEX/MATCH Formula does better)

ROW Returns the row number of a reference
ROWS Returns the number of rows in a reference
RTD Retrieves real-time data from a program that supports COM automation  (Automation  : Façon de travailler avec les objets d'une application à partir d'une autre application ou d'un autre outil de développement. Autrefois appelée OLE Automation, Automation es
TRANSPOSE  Returns the transpose of an array
VLOOKUP

Looks in the first column of an array and moves across the row to return the value of a cell
(INDEX/MATCH Formula does better)

The most important functions in this category

INDEX, MATCH

INDEX/MATCH formulas are so important that they are the subject of an  entire workbook with step by step development instructions and  examples. See "excel-tutorial-index-match.xls" (see the advertisement below). You will also find  applications in "excel-template-invoice.xls" (see the advertisement below) where you enter the name of the client or select it in a drop down list and the address appears automatically in another cell, enter the product number and its description, unit and cost appear automatically. See also how to use INDEX/MATCH to develop scenarios and "   what if" applications in business models "excel-example-scenario.xls" (see the advertisement below). You will also discover how to use INDEX/MATCH to develop cascading drop-down lists where you select a country in a first drop-down list and only cities from this country appear in the second drop-down list. See "excel-tutorial-ddlists.xls" (see the advertisement below).

INDEX/MATCH is also used to create relational databases in Excel. Suppose that the details about your clients are in one database and the sales are  in another and you want to analyse sales by cities. Because the client's number is in both databases (sales and clients), you can analyze sales by city using an INDEX/MATCH formula to bring the cities into the sales database.

The LOOKUP Group

The functions in this group are widely known among  advanced users. But once they discover the more powerful and less limited INDEX/MATCH they are kind of pushed aside. Click on the links below to access the pages of this website describing how they work and what is their limits.

Excel HLOOKUP Function
Excel LOOKUP Function
Excel VLOOKUP Function

Other Functions

When you start developing more complex business models or when you want to calculate and chart moving averages and moving " Year to Date" you will need the two following functions.

INDIRECT
If in cell A1 of Sheet1 you have this value (Sheet2!A1) and in cell A2 of Sheet1 you have the following formula:
=INDIRECT(A1) the result will be the value of  cell A1 of Sheet2.

OFFSET
The most intellectually challenging function in Excel.

The general format of this function goes as follows:
=SUM(OFFSET(D1,1,1,3,3))
In plain English...sum the range of 3 rows by three columns that starts 1 row below and one column to the right of D1 (the anchor). So if you have 2  in all 9 cells E2 to G4 the result will be 18.

Lookup and Reference Functions in Excel
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