I have been thinking about this for a few days and have no idea where to start.
The commission scheme pays like this:
upto $40,000 in sales pays 30%
$40,001 to $80,000 pays 40%
$80,001 + pays 50%
Also, the sales person will only earn commission once they have invoiced 1/3 of their basic salary. Example
$60,000 must invoice $20,000 per month, therefore commission is actually 30% of the remaining $20,000.
I want to create a spreadsheet that allows me to enter the basic salary for individual sales persons and their individual sales figures to calculate their gross commission and also their gross basic salary if I can.
I have a base salary of $5k/monthMy PROFIT on hardware sales must equal or exceed my monthly salary in order for me to earn a commission on hardware sales. If it does, my commission is then Profit beyond monthly salary X 25%I also earn commission on software sales. Total Commission is the sum of Software commission plus commission on hardware sales.
Example: HW Profit is $6k. Software commission is $3k.
However, there are times (unfortunately) when my total hardware profit does not equal or exceed my monthly salary. When that happens, I am now in a negative status regarding hardware commission. The negative status is simply salary minus hardware profit.
Total commission is then that negative number plus software commission.
Example: HW Profit is $3k. Software commission is $3k.
$5k - $3k = $-2k. -$2k + $3k = $1k
I need a formula in one cell to account for both possibilities.
I am trying to write a command to calculate the commission for my employees. There commission is based on the spread between sale price and cost. For example:
If Profit is between $1.00 and $2.00 - commission = 15% If Profit is between $2.01 and $4.00 - commission = 20% If Profit is between $4.01 and $6.00 - commission = 25% If Profit is > than $6.00 then - commission = 30%
I am able to calculate the first level ex: =IF((C3-B3)<=2,"15%") It Displays the 15% in the formatted cell. (C3-B3 is the profit spread). How can I include the other 3 commission levels in the formula to display the correct commission % based on profit spread?
I am working with a income statement in excel, and I need to calculate the tax rate on Net Income. I have to calculate this with both positive and negative net income, and insert this into the cell below net income. I also have to account for different tax rates.
$0–$7,500 10.0% 7,500-30,650 15.0 30,650 –74,200 25.0 74,200–154,800 28.0 154,800–336,500 33.0 336,500 and up 35.0
Private Sub UserForm_Initialize() Dim a, v, x, ws As Worksheet Set ws = Sheets("Scheduled Courses") a = ws. Range("a2", ws.[a65536].End(xlUp)).Value With CreateObject("scripting.dictionary") For Each v In a If Not IsEmpty(v) And Not .exists(v) Then .Add v, Nothing End If Next x = .keys End With With Me.ComboBox1 .Clear ' clear the listbox content .List = x .ListIndex = 0 ' select the first item End With End Sub
How are the brackets used in the 4th line? I have not seen this notation before. Is this some kind of a shorthand for a Range("A65536") reference?
I am trying to create a spreadsheet to determine hrs per time interval
i.e 06:00 - 14:00 14:00 - 22:00 22:00 - 06:00
So a start time of 06:00 and finish time of 14:00 would show 8hrs in first interval and 0 in the other 2 and a start time of 10:00 and a finish time of 18:00 would show 4hrs in first interval and 6 in second and 0 in last
I've currently got start time in A1 , finish time in B1 and want hours for interval 1 in D1 , interval 2 in E1 and interval 3 in F1.
I have this table which has employees names with basic pay and contribution.
I was tasked to create a excel sheet where in if the employees basic pay is input, the corresponding contribution for the employee will show depending on which salary bracket he/she is on.
I am not allowed to know what my workmates salaries are since im just an associate, so i just have to leave em blank and wait for my manager to input their salary.
See attached file for the workbook : PHEALTHWORKBOOK.xlsx‎
I'm trying to create a bracket for video game tournaments and I'm having trouble with some of the functionality I want it to have.
Right now, I have cells B7 and B9 that will pull player names from another check in sheet. I have another cell, D8, that I would like to have a drop down list in containing the contents of B7 and B9. Everything I see online says to use Data Validation, but apparently that tool can't make a list using cells that aren't next to each other, so that won't work. How else can I tell excel how to populate this list? It is vital that the cells be apart from each other because the visual formatting is necessary for displaying the bracket on a projector so that the players can see their match assignments.
In addition, I would like to have another drop down menu in another cell with a list of valid bracket sizes (4, 8, 16, 32, etc.), and have the cells of the sheet either be visible or invisible depending on how many max players can enter. In other words, if columns B, D, F, and H correspond to the number of rounds it will take to finish the tournament (3, 2, 1, and 0, respectively), I would like the sheet to display only the cells necessary for the tournament, pull player names into the left most cells needed from another worksheet used for sign ups, and auto populate all of the columns to the right of the column for first round with drop down lists for the players who could have won that match in the previous round.
I am trying to write a formula for my commissions spreadsheet, which calculates commission clawbacks based on a sliding scale. From my understanding I need a code that will calculate additions or deductions based on a range of probabilities.
For example, if I have a percentage figure that is below 8%, I would like to add 15% to the total commission earned.
Here are the ranges below:
8% or under+15% 8-13%+ 10% 13-17%0 17-22%-10% 22% or more-15%
If I say my % is in K5 and the monetary value is in I5, what formula would I type into L5 to calculate the amendment?
Dim cellsNum As Integer Dim commission As Single, rating As String Dim sales As Single Range("b2").Select
cellsNum = ActiveCell. CurrentRegion.Row.Count
For i = 1 To cellsNum If ActiveCell.Value > 150000 Then commission = ActiveCell.Value * 0.012 rating = "superior" Else sales > 100000 And sales <150000 Then commission = ActiveCell.Value * 0.08 rating = "satisfactory" Else
I am trying to calculate the commission for the sales for sales>150000 a commision charge of 0.012 and rating of superior. for 150000> sales >100000 a commision charge of 0.08 and rating of satisfactory. for other sales a commision charge of 0.04 and rating of unsuperior.
i am finding a few problems with the code 1st a problem with 'cellsNum = ActiveCell.CurrentRegion.Row.Count' it says complie error: invalid qualifier 2nd a problem with 'Else sales > 100000 and sales <150000 then'
Attached is sample data. Target payout is the amount of the base salary a salesman can earn if all goals are reached. Commissions are payed quarterly. Listed on the left are 7 goals, each with a weight of importance toward the target payout amount. The percentage achieved can only be 100% or 0%, nowhere in the middle, although they are allowed to make up a goal later if they do not make it at first. This is where I get stumped. For example, if they don't make a goal in quarter one but make the goal in quarter two plus what they missed in one, they get two quarters worth of commission in quarter 2 for that goal. I am having trouble figuring out the easiest way to go about this.
I am trying to create a formula that calculates multiple commissions based on profit margin. So here is what I'm looking to. If the profit margin is between 50 and 70% than there is an additional 2% commission, if it's between 70.01-100% profit margin, than it's an additional 5% here is the equation I have=IF(OR(E2>50,E2<70),D2*2%,(IF(OR(E2>70.01,E2<100),D2*5%)))but it's still calculating at the 2% even thought it's an 86% margin.
I want to pay different commission rates for different levels of sales...
IE nothing if sales are under 250,000 per year. 5% between 250,000 and 500,000, 8 % between 500,000 and 750,000 10% between 750,000 and 1,000,000 12.5 % between 1,000,000 and 1,250,000 and 15 % over 1,250,000
The issue that im having trouble with is that if the sales guy brings in 1,500,000 in yeary sales he would be paid some at 0%, some at 5% some at 8% some at 10% , so at 12.5 and some at 15%
How do i calculate that? I have included a excel spreadsheet.
I'm having trouble creating a commission calculation.
The commission schedule is paid on a tiered rate (below), and occasionally there will be recoveries due to client non-payment, which comes out of commission. There is also a budget variance every month. I'd like to have the Monthly Budget in cell A1, the Revenue in cell A2, Recoveries in cell A3 and the Commission (formula) in cell A4. I only need the formula for cell A4, everything else will be entered manually.
I need to know what formulas to put into the cells in excel to make the following sales compensation example compute properly:
Time Period Draw Paid Actual Commissions Owed to Company Commission Paid Total Earnings Month 1$3,000$4,000-$1,000$4,000Month 2 $3,000$2,000$1,000-$3,000Month 3 $3,000$5,000($1,000)$1,000$4,000TOTALS$9,000$11,000-$2,000$11,000
Looking for a formula for a zero based commission structure. I am having trouble with the formula. I have attached a breakout of what I need and an explanation of the end goal.
determining a formula to compute a sales commission.
Here is a sales scenario.
A $25 commission will be paid on sales between $50 to $150. A $50 commission will be paid on sales between $151 to $300 A $75 commission will be paid on sales between $301 to $600
The sales person will enter the sale amount into column B. Column C should compute the total commission for multilple sales.
Example:
Column A Column B Sales Commission $50 $150 (which is the comm. for the combined sales) $175 $360
if i could get a hand creating a commission calculation.. here is what i'm looking for and my brain hurts trying to make it... I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%.
ps.. my excel sheet is set up as follows: Rows a-g (stuff that is irrelivant) row h, gross fees row i, commission (in dollars)
I receive a certain percentage of my broker's commission based on what type of house sale occurs. When one of my listings sell I receive the commission in A2:A7. When I sell a house to Company A I receive the commisions from B2:B7, company B C2:C7, and company C D2:D7.
My own personal commission percentages increase based on the income schedule E2:F7. For example, once I have earned $8137, my percentages for sales all jump to Row 3.
I have set up a chart below the commission schedule for each individual sale to calculate the commission for each type of sale. Each "x" represent a sale for each category (LISTING, COMP A, COMP B, COMP C). The broker's commission is always 3.5% of the total sales price. My commission will be a certain percentage of the broker's commission based on the scale above.
I'm trying to create a worksheet to calculate ourcommsiion structure, but can't figure out a way to attack it. We have manyvariables (5) in our commission structure based on each order.
Here's how I set it up so far:
(In Cloumns) A= Order Amount B= "Y" is A-15%; "N"=A C= "Y" is B*20%; "N" is B*10% D= "Y" is B+2%; "N" is B E= "Y" is B+2%; "N" is B F="Y" is B+1%; "N" is B G= SUM(A:F)
For example, if the order is $1000, and I answer y,y,y,y,y=$212.5
How do I create the formulas so I can just put in the order amount and the appropriate letter to get the correct commission structure?
I have a new sale structure to put in place the commission is paid in the following way:
below 1500 zero commission between 1501 and 3000, commission at 16% between 3001 and 8000, commission at 23% above 8001, commission paid at 30% Ergo if you generate 5000 you would be paid 700 ie nothing for the first 1500, 16% of the second 1500 and 23% of the remaining 2000. ( I hope my maths is correct! )
I have tried to manipulate other solutions using sumproduct but my knowledge is poor, the formula I have tried manipulating is =SUMPRODUCT( (A2 > {0,1500,3000,8000}) * (A2 - {0,1500,3000,8000}) * {0,0.16,0.23,0.3}). I prefer single line formula rather than lookups as staff will not be able to see commission rates easily.
I need a way to calculate commission for my sales reps. The commission is based off a calculated value in H39 of a sheet that I have developed.
They get 7.5% of the value when between $1 - $100,000, example: sales of $50,000 = $3,750 in commission.
If the value in H39 is > $100,000 but $250,000 but $500,000 they get 7.5% on the first $100,000 plus 5% on the amount between $100,001 and $250,000 plus 3% on the remainder between $250,001 and $500,000 plus 2% on any amount >$500,000 example: sales of $800,000 = $7,500 (7.5% on first $100,00) plus $7,500 (5% on the next $150,000) plus $7,500 (3% on the next $250,000) plus $6,000 (2% on the sales >$500,000 for a total of $28,500.
I hope this question has not been addressed but the closest I can find is in this link: [url]
I am now a commission based contractor who started earlier this year & I want to be able to calculate my current average weekly income which should fluctuate greatly. I have a spreadsheet that works out what my current to date net income is but can't figure out how to break this down to a weekly avarage. My basic guess is that I want to take the figure provided and divide it by the number of weeks from "stated start date" to the current date (but on a divided by 7 basis?) to get my average weekly net income.
I am sure this is pretty simple for you all so I hope I am not wasting time it's just that if I try figure it out I am using something like WEEKNUM & that will fail after the next new year. -Although it would be better to base it all around the financial year if that can be done? (March 1st - April 31st in NZ)
I'm trying to rewrite our commission spreadsheet with a new structure and as my excel knowledge is limited, I'm not really getting anywhere.
I'm looking for a few lines of formula however I'll just post one at a time otherwise I'm in danger of scaring you all off!
Firstly, I am trying to work out the formula for the following:
If the value in C7 is up to £14,999 = 1.5% of the whole value is given, if it's over £15,000 = 3.5% of whole value is given. I would like the total amount of commission to show in F7.
I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%. any help is greatly appreciated..
ps.. my excel sheet is set up as follows: Rows a-g (stuff that is irrelivant) row h, gross fees row i, commission (in dollars)
I'm trying to set up a Vlookup table for commission rates but all my answers are 0. What I'm trying to do is set up Vlookup to return total sales less than 700,000 have 0% commission, 700,000 to 749999 10%, 750,000-799,999 11%, etc. . The commission rate increases by 1% for each additional 50,000 in sales, with the highest commission rate 20%.
