# XLOOKUP – Excel Template

XLOOKUP is a function which Microsoft introduced in 2019. It is as easy to use as VLOOKUP but remedies the biggest flaw of VLOOKUP – XLOOKUP can be used when the lookup value is to the right.

XLOOKUP has a total of 5 arguments, but we don’t really need them all the time. In most situations, the function can work well with 3 – lookup value, lookup array, return array. It is very easy to use. The lookup value is the value to be found in the source table. The lookup array is the array where we want to find the lookup value. The results array contains the value that will be returned once the lookup value is found in the lookup array.

Some other related topics you might be interested to explore are VLOOKUP, HLOOKUP, and INDEX&MATCH.

This is an open-access Excel template in XLSX format that will be useful for anyone who wants to work as a Financial Analyst, Business Analyst, and for everyone who works with a spreadsheet software.

### 3-Statement Model – Excel Template

The P&L, Balance sheet, and Cash flow statements are three interrelated parts. The P&L feeds net income on the

### 3-Statement Model – Excel Template

The P&L, Balance sheet, and Cash flow statements are three interrelated parts. The P&L feeds net income on the liabilities and equity side of the Balance sheet. At the same time, we obtain Cash (an asset) by summing the bottom-line result of the Cash flow statement with previous year...

### Cash Flow – Excel Template

The cash flow statement shows how a company generated and spent cash throughout a given timeframe. An important truth

### Cash Flow – Excel Template

The cash flow statement shows how a company generated and spent cash throughout a given timeframe. An important truth that is frequently neglected by inexperienced business owners is that profit does not equal cash. Every business owner and manager needs to have a clear idea of the cash flows...

### Balance Sheet – Excel Template

If the P&L statement shows how profitable a company was over a given timeframe, we can say that the

### Balance Sheet – Excel Template

If the P&L statement shows how profitable a company was over a given timeframe, we can say that the Balance sheet is like a momentary picture of the firm’s condition at the time of preparation. The Balance sheet shows what a company owns (assets) and what it owes (liabilities...