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Default IF Statement: cell referencing

Hello, I'm using Excel 2003 and need help on an If statement or not sure
whether I should use a Vlook Up table.

I have 2 spreadsheets. The first has a list of housing benefit codes e.g.
HB0001 in column A. The next column along has the nominal values of what
these codes represent e.g. £17.50. In the 2nd spreadsheet I then manually
enter each code that the recipient is entitled to in a column. I want to
create a IF statement on another spreadsheet that will automatically fill in
the nominal value that the code represents. FOr example, I want Excel to
look at the column that has all the codes that I enter and then place the
nominal value in it's place.

Example:
Codes: Nominal Value:
HB0001 £17.50
HB0002 £21.50
HB0003 £24.50
--
Kind regards
Mike
 
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