The IFERROR function in Excel checks for errors in a formula and returns a custom result if an error is found. This function is useful for hiding errors that occur in formulas, making the results of the formula easier to read and interpret.
The IFERROR function in Excel traps and handles errors in a formula. It tests a specified expression and if an error is found, it returns a specified value.
This function is helpful in avoiding errors in a formula and provides an alternative solution in case of an error.
The syntax for this function is IFERROR(value, value_if_error). The first argument is the value or expression to be tested and the second argument is the value that should be returned in case of an error.
This function can be used in various formulas and is especially helpful in nested formulas.
Where “value” is the value or formula that you want to test for an error, and “value_if_error” is the value that you want to display if an error occurs.
This formula divides the value in cell A1 by the value in cell B1 and returns the result. If an error occurs (e.g. division by zero), it returns the text “Error” instead of the error message.
As you can see in the example below, iferror formula returns the value if there’s an error in column I. However, column I calculates the average sold units price, and if sold units are 0 that means we need more sales and error pups up.
Note: Keep in mind that this function only works with the most common error types such as #DIV/0! #N/A, #NAME?, #NULL!, #NUM!, #REF! and #VALUE!.
The IFERROR formula can handle a variety of errors, including #N/A, #VALUE!, #REF!, #DIV/0!, #NUM!, and #NAME? errors.
Yes, the IFERROR can be used with any formula or function in Excel that might return an error.
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