Formula/Function For Commission Calculation
Jul 26, 2006
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..
$0 - $10,000 - 60% commission
$10,001 - $15,000 - 65% commission
$15,001+ - 70% commission..
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)
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Jul 26, 2006
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..
$0 - $10,000 - 60% commission
$10,001 - $15,000 - 65% commission
$15,001+ - 70% commission..
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)
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Mar 25, 2009
I am trying to come up with a formula that will allow the commission calculation to be done automatically once data is inputted in cell A2 and E2. I have tried IF statements, but can not figure out how to make it work. I am not able to figure out how to get cells F9 and F19 to work with the proper formula.
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May 15, 2014
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.
Revenue Schedule
$0-$14,000 = 0%
$14,001 - $18,000 = 7.5%
$18,001 - $BUDGET = 10%
$102% BUDGET - Forever = 15%
Note that once you hit 18K, the 14-18K does not jump up to 10%, it stays at the 7.5%.
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Jan 4, 2010
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
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May 5, 2009
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)
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Sep 15, 2009
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?
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May 6, 2014
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.
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Sep 21, 2006
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.
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May 11, 2007
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
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Jan 14, 2009
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.
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Sep 7, 2006
I am having trouble with the code for this stepped scale commission structure.
Net Service
$1,1400
Step Scale Comm. %
$0-500 40%
$500-750 45%
$750-1000 47%
$1000-9999.99 50%
Final Commission Paid $ ?
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Feb 22, 2007
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?
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Feb 26, 2014
I have attached a spreadsheet which shows my desired result which often works.
Range C2:C13 is my desired result...
The problem /criteria is...
For every 140 meters sold the sales person receives £140 commission.
Meters (range B2:B13) can be carried to future months.
I am looking for a formula for range C2:C13 which calulates if commission should be paid in this month or not and if so, how much.
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Feb 27, 2009
I need 2 different formulas to generate commission reporting information on the Summary tab of the attached sample Excel file. The first is highlighted in green. For these cells, I need a sum formula that reports the total commissions (column H of the "Data" worksheet) for items Ordered in the month listed in column B of the "Summary" worksheet, but not invoiced until the month listed in the column D, E & F headers of the same worksheet. Date of item order can be found in column A of the "Data" worksheet. Date of invoice can be found in column E of the "Data" worksheet.
Now, the problem that I think I am going into is the way Excel handles dates and times. All columns and data highlighted in orange on the data sheet need to be maintained without being changed, as eventually I am going to have a report setup by our operating program drop in there so that it automates the information without any additional labor by our employees who have varying levels of Excel proficiency. Unfortunately, the report from our operating program cannot simply list a date without a time. Feel free to create any column or field to the right of the orange columns in order to complete formulas based on those orange columns. I will just lock those cells when finished so that coworkers don't accidentally blow the shizel up.
The second sum formula that I need is highlighted in yellow on the "Summary" worksheet. Basically, I need a formula that sums all commissions in column H of the "Data" worksheet for those items that are cancelled AFTER invoicing. Column D of the "Data" worksheet lists the cancellation date. There are explanations for each of these on the worksheets for quick referral.
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Feb 15, 2008
I have this formula: =IF(ROWS(H$12:H12)
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May 7, 2005
I can do least squares fitting utilizing LINEST and a worksheet. (See attachment.)
I would like to do the same calculations entirely within VBA.
I can specify the values as arrays within VBA :
Sub linest2VBA()
'
' linest2VBA Macro
'
' Keyboard Shortcut: Ctrl+Shift+A
'
Dim dXvalSqd(4), dXval(4), dYval(4), dFirstRegStat As Double
Dim i As Integer
Second Question:
Is there a way to get the remaining regression statistics within VBA by referencing only the three arrays: dXvalSqd, dXval, and dYval?
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Mar 10, 2009
I am looking for assistance for 2 vbcode functions that will provide current:
1) Calculation Mode - whether automatic, manual or semi automatic; and
2) Calculation Status - whether a recalc is required or not.
These functions need to work regardless of the calculation mode and always need to show the current status.I have tried creating volatile functions, but the problem I face is that if the calculation mode is manual, the function's return value is not updated unless I force a recalc which renders the purpose of the exercise useless.
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May 11, 2006
I am trying to subtract two dates to find out whether an invoice is 6 months past due (regardless of number of days). I use DATEDIF in my formula and it works fine until now. It seems the function takes number of days into account and won't return the desire result when there are 31 days. I want to find out whether the number of months between two date are greater than or equal to 6 months without considering the number of days. I am attaching a sample worksheet for better explanation. As you can see, October is not working right.
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Jun 3, 2014
I have quarters of the year. I'm wanting to find a function wherein when I punch in for example year 2012, the cell would give me the sum of the 4Qs. If if change it to 2013, then it would give me the sum of 4Qs for 2013.
See attached sheet : sum from blocks of cells.xlsx
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Jan 29, 2010
I have written a custom function to be called from worksheet cells. The function is basically a wrapper function for VLOOKUP on a single table. It makes cell formulas shorter, easier to read and self-documenting. Here's a much simplified version of the function:
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Jun 11, 2009
I have a worksheet that contains investment security purchases, including purchase date, purchase amount and maturity date, each in its own row. I need to develop a formula that will sum the purchase amount based upon the term in days (maturity date - purchase date) of the investment. The respective rows do not contain the term in days so the formula will need to calculate the days to determine the aggregating criteria described below.
One cell should contain the aggregate security purchase amount whose term is 1-90 days and another cell should contain the aggregate security purchase amount whose term is over 90 days. It seems that SUMPRODUCT with a condition is the best way to handle this; however, I cannot get the correct syntax of this formula.
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Jul 30, 2007
I'm using Excel 2003 with WinXP SP2.
I'm trying to make a spreadsheet to calculate my GPA for my studies. I can get everything to work fine except I want to be able to calculate an adjusted GPA based on a certain value of classes to drop.
The way it would work ideally is that I would be able to search/sort a data set and if it contained "X" number of entries then the "Y" number of lowest marks would be omitted from the AGPA calculation.
I'm having trouble designing a function/formula or scheme to sort the data range, and identify the lowest "Y" number of entries and recalculate the GPA without using them.
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Jun 10, 2006
As an example, cell values as follows.
A1 = 1, 2 or 3, B1 = 2.5
Is it possible to say, if A1= 1 then make C1 equal to B1+4, otherwise return the value of 0?
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Mar 26, 2009
Combining two equations with MOD function for UPC check digit calculation.
I wanted to combine these if possible,
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Jan 30, 2008
I have a very large spreadsheet which holds a lot of data, and has a custom reports system built into it, (i.e. running on a load of macro's)... The reports gather their info from a range of hidden cells which run different formula's to provide such results as 1 or 0 so that it collates into another sheet...
however, I have found recently that when I need to update any of the formula's and whatnot, the formula does the calculation and then disappears... whereas I need the formula to be there constantly so that the report is providing the correct information!
one such formula is:
=IF(AND(AC11"No Calc",AC11>=1,AC11
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Mar 24, 2007
Sub setcommission()
Sheet3.Select
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'
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Jan 22, 2008
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.
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Feb 12, 2014
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.
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Aug 25, 2007
The following is assumed.
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.
$6k - $5k = $1k.
$1k * 25% = $250.
$250 + $3k = $3250
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.
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