Question : MS Acess

Hello,

I need help!

I have created a table which contains nothing but some codes like 1 , 2 , 3.... each of these codes mean something. For example 1 = Housing Loan, 2 = Commercial Loans, 3 = Declined Loans. How can i define these codes. In Excel I can use VLOOKUP function or IF function (if A1 =1, "Housing Loan",""). But I don't know what to do in Access. I think I have to write a query of some kind that can create a new table based on Table 1 just defining codes.
Any help would be much appreciated.

Answer : MS Acess

Your table that has the codes should include their descriptions:

Table LoanType:
Code                   description
1                           Housing Loan
2                           Commercial
3                           Declined

but ... Declined is probably a status of the loan application, not a type of a loan.  you may want to answer the question "What percentage of commercial loan applications get declined?"