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Excel might also show the #NUM! error when: 1  A formula uses a function that iterates, such as IRR or RATE, and it canât find a result. To fix this, change the number of times Excel iterates formulas: Click File > Options. 2  A formula results in a number thatâs too large or too small to be shown in Excel.
Step 4: What you want to return. When you use a VLOOKUP formula you want an answer to something. What you want to return is what Excel calls the col_index_num (Column Index Number). In short: Which column in the data you want to return data from.