Unlike the ISERR() function, this function returns TRUE
for the #N/A error value.
The examples for the ERROR.TYPE() function show how to locate errors in formulas.
Example. Assume that you have created a list with birthdays (or order numbers, address information, or phone numbers) and want to access this information by using the VLOOKUP() function. Figure 11-5 shows an example.
=VLOOKUP(B36,D36:E38,2,FALSE)
in cell B37, you get the #N/A
error, which is especially annoying when you are printing the worksheet. In other situations, you might want to use interim values and ignore errors.
In this case, you can use the IF() function in B38 instead of the simpler formula in B37:
=IF(ISERROR(VLOOKUP(B36,D36:E38,2,FALSE)),"not found"; VLOOKUP(B36,D36:E38,2,FALSE))