VLOOKUP approximate match

Why this lesson matters: VLOOKUP approximate match

Match values to ordered bands such as rates, grades, or commissions. In this module, the skill supports a larger goal: Retrieve related information from reference tables with dependable matching rules. The practical application is to assign a commission rate from a sales threshold table.

=VLOOKUP(B2,Bands,2,TRUE)

Build it step by step

Work from the business question toward the formula or tool. Keep the source data separate from the output and make every important assumption visible to the reviewer.

• Identify the lookup value and the authoritative reference table.
• Decide whether the match must be exact or approximate.
• Test a known match, a missing value, and a duplicate key.

Check the result and common failure points

Lookup keys should be unique, consistently formatted, and checked against a known sample result. Also test a known record, a missing or blank value, and a boundary case. Confirm that ranges are the same size, units are consistent, and copied references move only where intended.

• Compare at least one result with a manual calculation or filtered source record.
• Test blanks, zeros, duplicates, errors, and the exact rule boundary.
• Reconcile row counts or totals before relying on the output.

Use the result in a decision

Assign a commission rate from a sales threshold table. Label the output clearly, state its period and unit, and explain the action it supports. A technically correct result is only complete when another person can understand, refresh, and review it.