What does it do?

Searches for a value in the first column of a table array and returns the sum of values in the same row from other columns (to the right) in the table array.

Formula breakdown:

{=SUM(VLOOKUP(lookup_value, table_array, {col_index_num1,col_index_num2}, [range_lookup]))}

What it means:

{=SUM(VLOOKUP(this value, in this list, {and sum the value in this column, with the value in this column}, Exact Match/FALSE/0]))}

The VLOOKUP function can be combined with other functions such as the Sum, Max or Average to calculate values in multiple columns.  As this is an array formula, to make it work we simply need to press CTRL+SHIFT+ENTER at the end of the formula.  A very powerful feature for any serious analyst!

See how easy it is to implement in less than 1 minute with this VLOOKUP example!

DOWNLOAD WORKBOOK

Vlookup_Multiple Columns

 

HELPFUL RESOURCE:

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

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