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## Excel Report – Lookup Formulas Review

Is the Pivot Table of the Excel world crazy? It seems, but I will now show you why search formulas are relevant. Here are the pros and cons of using lookup formulas.

- Will please your boss who doesn’t like Pivot Tables
- Sends updated output to recipients. End users are prone to change the backend list. PT doesn’t update the leading edge, so your intermediate formulas are out of date
- Allows you to provide specific information in specific cells or other formulas
- Gives you instant feedback as you have decision cells to change parameters and see an immediate change
- Allows multiple data packets to be submitted simultaneously in a printable format
- Gives you more comfort when you are good at using formulas
- Gives you a sense of the results as you can see the source of the data presented in each cell (by pressing F2)

**Here are the cons of not using lookup formulas**

- It takes more time to write
- Does not offer enough flexibility to change
- Makes mistakes
- They are more difficult to maintain
- Users are not that well known

I like to use lookup formulas in Excel because I can fulfill all the reporting requirements. Additionally, having control cells is invaluable. For example, changing a sales option, hitting enter and making an instant change gives you a huge sense of accomplishment and confidence. Once you know the right Excel search techniques and tricks, the reports and dashboards you can create are only limited by your imagination.

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