Compact mode
PMT vs VLOOKUP vs OFFSET
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesPMTVLOOKUP- Lookup & ReferenceVLOOKUP belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets
OFFSET- Lookup & ReferenceOFFSET belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets
Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMT- CalculationPMT performs Calculation operations. Excel functions for performing various calculations
VLOOKUP- RetrievalVLOOKUP performs Retrieval operations. Functions specialized in fetching data from various sources
OFFSET- RetrievalOFFSET performs Retrieval operations. Functions specialized in fetching data from various sources
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
VLOOKUP- Data AnalystsVLOOKUP is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Business ManagersVLOOKUP is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
- Administrative StaffVLOOKUP is designed for Administrative Staff. Excel functions useful for administrative tasks and data management Click to see all.
OFFSETPurpose 📝
Primary purposes and use cases of the Excel functionPMTVLOOKUP- Data LookupVLOOKUP is used for Data Lookup. Functions for finding and retrieving specific data Click to see all.
- Data AnalysisVLOOKUP is used for Data Analysis. Functions specifically designed for analyzing data Click to see all.
OFFSET
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
VLOOKUP- Vertical Data SearchVLOOKUP is known for Vertical Data Search.
OFFSET- Dynamic Range ManipulationOFFSET is known for Dynamic Range Manipulation.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
VLOOKUP- Often confused with HLOOKUP
OFFSET- Essential for dynamic charts
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
VLOOKUP- The function everyone pretends to understand
OFFSET- The parkour artist of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTVLOOKUPOFFSET
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMT- NumberPMT accepts Number as input data. Excel functions specifically designed for numerical calculations
VLOOKUP- TextVLOOKUP accepts Text as input data. Excel functions specifically designed for text manipulation Click to see all.
- NumberVLOOKUP accepts Number as input data. Excel functions specifically designed for numerical calculations
OFFSET- RangeOFFSET accepts Range as input data. Excel functions that operate on cell ranges and data sets
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
- Excel 2013Excel functions that work specifically in Excel 2013 version
VLOOKUP- Microsoft 365VLOOKUP is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
- Excel OnlineVLOOKUP is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform
Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMT- Web ExcelPMT runs on Web Excel Excel functions available in web-based versions
VLOOKUP- Web ExcelVLOOKUP runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyPMTVLOOKUPOFFSETRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
VLOOKUP- RangeVLOOKUP accepts Range as input types Excel functions that operate on cell ranges for calculations
- TextVLOOKUP accepts Text as input types Excel functions specialized in text string manipulation and processing
- BooleanVLOOKUP accepts Boolean as input types Excel functions that work with true/false logical inputs for decision-making
OFFSET- RangeOFFSET accepts Range as input types Excel functions that operate on cell ranges for calculations
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
VLOOKUP- Powerful Search Capability
- Flexible Matching
- Powerful Search
- Common In Business
OFFSET- Flexible Range SelectionFunctions that enable selecting dynamic ranges and cell references flexibly
- Dynamic ReferencesFunctions that can automatically adjust cell references based on changes
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
VLOOKUP- Left To Right Only
- Can Be Slow With Large DatasetsFunctions that process large amounts of data may significantly impact spreadsheet performance Click to see all.
- Right-Only SearchFunctions that can only search from right to left in text Click to see all.
- Can Be Slow
OFFSET- Volatile Calculation
- Complex Syntax
Ratings Comparison
Alternatives to PMT
MATCH
Known for Position Finding
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
HLOOKUP
Known for Horizontal Data Lookup
⚙
performs better than VLOOKUP
SUMIFS
Known for Multiple Condition Sum
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
LOOKUP
Known for Simple Vertical And Horizontal Lookups
⚙
performs better than VLOOKUP
INDEX_MATCH
Known for Two-Way Lookup Power
📈
is more versatile than VLOOKUP
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
COUNTIF
Known for Counting With Conditions
📊
is easier to use than VLOOKUP
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
XLOOKUP
Known for Dynamic Array Support
📊
is easier to use than VLOOKUP
📈
is more versatile than VLOOKUP
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
SUM
Known for Basic Arithmetic Calculations
📊
is easier to use than VLOOKUP
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
INDEX
Known for Advanced Data Retrieval
📈
is more versatile than VLOOKUP
⚙
performs better than VLOOKUP
🛠
is more reliable than VLOOKUP
⭐
is rated higher than VLOOKUP
SUMIF
Known for Conditional Sum Calculations
📊
is easier to use than VLOOKUP
🛠
is more reliable than VLOOKUP