What does it do?

It returns a value that you set if a formula has an error

Formula breakdown:

=IFERROR(Value,Value if Error)

What it means:

=IFERROR(The Formula,What do you want to show if The Formula has an error?)


If you have a calculation that results in an error like, #N/A, #VALUE!, #REF!, #DIV/0!, #NUM!, #NAME?, then you can clean it up by using the IFERROR function which allows you to replace the error it with a 0 or a blank cell.

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We want to get the average sale of each record. However we need to handle division by zero errors gracefully.

STEP 1: We need to enter the IFERROR function in a blank cell:

=IFERROR(

IfError formula

 

STEP 2: The IFERROR arguments:

Value

What is the formula?

We need to enter the formula first to calculate the average sale.

=IFERROR(D15/E15,

IfError formula

Value_if_error

What value should be displayed if there is an error in the formula?

We want “0” to be displayed if there is an error

=IFERROR(D15/E15, 0)

IfError formula

Apply the same formula to the rest of the cells by dragging the lower right corner downwards.

IfError formula

You now have all of results!

How to Use the IfError Formula in Excel

IfError

HELPFUL RESOURCE:

How to Combine VLOOKUP and IFERROR to Replace the #N/A Error in Excel

 

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