#DRAWDOWN FORMULA EXCEL HOW TO#

How to use INDEX & MATCH worksheet functions in Excel VBA.Multiple Criteria in Excel Using INDEX, MATCH, and COUNTIF Function.Read More: How to Use INDEX-MATCH Formula in Excel to Generate Multiple Results Lastly, the INDEX function returns 11500 which is in the 2nd row in the range D5:D10. Here, we compare the multiple criteria by applying boolean logic.

The MATCH formula returns 2 to INDEX as the row number.

Subsequently, press Enter and you’ll get the result.

First of all, choose cell F6 to type the formula:.

Follow the steps below to see how we can get the Net Sales based on Salesman name and Product. One of the most useful operations with the INDEX MATCH formula is that it can perform a lookup based on multiple conditions. Multiple Criteria Lookup with INDEX MATCH Formula

INDEX(C5:C10,MATCH(MIN(ABS(D5:D10-F4)),ABS(D5:D10-F4),0))Įventually, the INDEX function returns Router as it has the closest Net Sales amount to 5000.ĥ.

MIN(ABS(D5:D10-F4)) formula output is the lookup value ( 500) for the MATCH function and the lookup array is ABS(D5:D10-F4) formula outputs. Then, the MIN function returns the smallest difference which is 500. =INDEX(C5:C10,MATCH(MIN(ABS(D5:D10-F4)),ABS(D5:D10-F4),0))įirstly, the formula subtracts the F4 cell value from the range D5:D10 to generate the differences and we use the ABS function to convert the negative results into positive ones. Therefore, follow the steps below to perform the task. Two-Way lookup means fetching both the row number and column number using the MATCH function required for the INDEX function. So the formula will bring out the data present in the 3rd row and 3rd column in the range.ġ. The MATCH function returns row number 3 and we’ve specified the column number. In the following dataset, the INDEX function will pull the data from B5:D10. So, we can easily place their argument to get the row and column numbers.

We are already aware that the INDEX function needs row and column numbers to retrieve data whereas the MATCH function returns the location of data. Now, we’ll create a formula combining the two functions. So it returns 3.ĩ Examples to Use INDEX MATCH Formula in Excel In the below dataset, the F4 cell value is Frank ( lookup_value) and Frank is present in the 3rd position in the Salesman section ( B5:B10). The MATCH function returns the relative position of the lookup_value in an array. 1 stands for a value greater than the exact match, 0 for an exact match, and 1 for the value less than the exact match. Lookup_array: The data range from where it’ll search for the lookup_value.

Lookup_value: The value to search for in the data range. In the following dataset, Nate Sales 17000 is present in the 4th row and 3rd column in the range B5:D10.

The INDEX function retrieves the cell value or reference of the cell located at the intersection of a particular row and column in a given range. : The column number of the data to return. Row_num: The row number of the data to return. Array: The range from where it’ll pull the data.

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