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Compare data in two worksheets of same file and highlight the cell

I am trying to use conditional formatting with comparing two columns on two different worksheets and highlight the cell.

For example:

Here is the first worksheet (Sheet_First):

Column-A    Column-B        Column-C
————         ————             ——— 
John        SanJose        Electronics
Lisa        Texas          Computer
Patrick     Stanford       Physics
Dave        Newyork        Mathematics

Here is the second worksheet (Sheet_Second):

Column-A    Column-B        Column-C
————         ————              ——— 
Jack        Denver          Electronics
Steve       Dublin          Computer
Shane       London          Physics
Patrick     Stanford        Mathematics

I would need to compare the column “Column-B” from Sheet 1 with Sheet 2, and look for any matching values (irrespective of the order) and highlight the matching cells with a color in column “Column-B” of Sheet2. In this case, Stanford in the second worksheet should be highlighted.

I selected the entire column (Column-B of Sheet_First) and used Conditional formatting with the formula =B1<>Sheet_Second!B1 but it returned an error "you may not use references to other workbooks for conditional formatting criteria”

Is this formula correct? What could be causing this error?

My version of Excel, Excel 2010, allows to do that out of the box. What version do you have? Here is a post that list various options for older versions: Format cell color based on value in another sheet and cell

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