How To Calculate Total Commission In Excel
Apr 1, 2014How do you calculate the total commission of a particular person on a consecutive months ?
Attached is the excel file for reference : Total Commsn.xls‎
How do you calculate the total commission of a particular person on a consecutive months ?
Attached is the excel file for reference : Total Commsn.xls‎
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.
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 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 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.
I use Windows Vista and Excel 2007.
So to cut to the chase :
On my spreadsheet, I have 6 main groups of columns, each one comprising 4 columns with their own automated calculations across the range.
Group 1: Cell H5, Cell I5, Cell J5, Cell K5
Group 2: Cell L5, Cell M5, Cell N5, Cell O5
Group 3: Cell P5, Cell Q5, Cell R5, Cell S5
Group 4: Cell T5, Cell U5, Cell V5, Cell W5
Group 5: Cell X5, Cell Y5, Cell Z5, Cell AA5
Group 6: Cell AB5, Cell AC5, Cell Ad5, Cell AE5
Then I have two columns following those: Col AG, Col AI
In each one of those two columns, I am trying to sum up a total value using The IF Function.
In Cell AG5 : the sum of the values of cells K5+O5+S5+W5+AA5+AE5,
ONLY IF the values of Cells H5, L5, P5, T5,X5, AB5 is equal to AG3 (which is a symbol (wingding 3 for capital P), this occurs 3 times out of 6, sometimes twice only, and at random, so I need the sum of 3 cells (or 2) out of 6, based on the above criteria.
Same in Cell AI5: sum of the values of cells K5+O5+S5+W5+AA5+AE5
ONLY IF the values of Cells H5, L5, P5, T5,X5, AB5 is equal to AI3 (which is a symbol (wingding 3 for capital L), this again occurs 3 times out of 6, sometimes twice and again at random, so again I need the sum of 3 cells (or 2) out of 6, based on the above criteria.
Using the formula: =IF(T5=AI3,(W5),0) , I retrieved the value of cell W5 into cell AI5; and when I tried the formula :
=IF(T5=AG3,(W5),0) , in cell AG5, it returned the value 0 which is correct again, as T5 was equal to AI3 but NOT to AG3.
But I cannot work out how to add all of the three values relating to each symbol, independently in each column, as they each occur randomly.
This is the way it looks in the spreadsheet:
Cell H5 Cell I5 Cell J5 Cell K5/ Cell L5 Cell M5 Cell N5 Cell O5/
Symbol (for P) Text Text Value /Symbol (for L) Text Text Value
And so on 4 more times across.
I could of course add it all manually for each line but I would rather have a formula to do it for me as all the other calculations are automated and/or conditionally formatted.
I need to set up an easy to use spread sheet for my office. It needs to be able to calculate the running total spent of fuel, as well as include any discounts we get and then calculate our total savings.So basically, total spent and total saved.
View 3 Replies View RelatedI need a formula that will calculate the total of the items in column "W" when the row directly below it contains a "1" in column "V". It will need to calculate the totals from that row all the way up to the next row that contains a "1" in column V.
Example:
In X14 (where I will put the formula) it would total W9 through W14. However the formula still needs to be able to calculate the total if there are more or less cells to sum. So that the same formula could calculate that in X8 it will total W5 through W8.
I am preparing a daily report available in sheet1 with the actual input in sheet2 generated through a tool.
The report contain three columns i.e. total cases, Total correction done and Not corrected. From the total cases on a specific date, I need to calculate how many correction have been done and how many are pending.
E.g. 01 January 2013=5 cases are uploaded in the tool.
on 02 January 2013, it was observed that 3 cases were corrected and 2 are pending But 9 cases cases are uploaded on the same day in the tool .
So Total correction done (C3)=3
Not corrected(D3)= 11
I have a list that is numbered 1 2 3...ect. I want to have a cell that tells me the total number of entries. I have a I'm not sure how I could do this.
1
2
3
4
5
6
1
2
3
Total = ?
If I do a normal sum it would just give me all of those numbers added up. I want the total to read 9 (in this case) My list changes all the time so I want that total to tell me how many entries I have.
I am creating an employee database. Any simple method for recording then calculating a total of occurrences when someone is tardy. I thought of using an OptionButton but I don't know how it could be applied and stored in my database. This is the code for the form as it exists now:
[Code] .....
I have a table which shows the monthly revenue of Company ABC , by client / by location / by business line.
ClientCountryBusiness LineJan-10 Feb-10Mar-10A001SingaporeResidential$ 50,000.00 $ 23,333.00 $ 54,115.00 D003SingaporeRetail$ 50,000.00 $ 21,548.00 $ 54,654.00A001SingaporeCommercial$ 63,321.00 $ 75,542.00 $ 21,564.00 D003AustraliaResidential$ 26,564.00 $ 50,000.00 $ 45,654.00 G002AustraliaRetail$ 50,000.00 $ 21,546.00$ 63,321.00G002AustraliaCommercial$ 26,602.00 $ 65,341.00 $ 24,568.00 A001Hong KongResidential$ 33,565.00 $ 26,564.00 $ 64,454.00 G002Hong KongRetail$ 54,232.00 $ 50,000.00 $ 15,454.00 D003Hong KongCommercial$ 26,564.00 $ 21,564.00 $ 23,333.00
If I want to calculate the total revenue for the month of January based on the following variable criteria:
Criteria
Client: A001
Country: Singapore
Month: Jan-10
I can achieve that with the use of SUMPRODUCT. However next month, I will then have to manually change the SUMPRODUCT formula so that it will extract data from the Feb column instead of the Jan column.
Is there a formula which will not require me to change the formula every mth? Ie. I can get my answer simply by changing the criteria?
I've got an excel spreadsheet that is using imported figures from another source. I'm just trying to create a macro that will locate the last cell in Column N, Then will total all the cells above it. I've got the below code to select the last cell in Column N.
myrow = Range("N1:N" & Range("N65536").End(xlUp).Row).Count
For i = 2 To myrow
Range("N" & i).Select
But I can't figure out how to do the sum part. I've tried to record a macro but to no avail. Since the number of rows will change each day, I need to somehow catch the range. This is part of a bigger project, but if I can get this part working, I think I'll be home free. Attached is a small example.
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Then when I put the next input (A1) I want it to add on to this running dollar total (A2) and yet again A1 is cleared for the next input.
In addition to this I require an additional cell (eg.A3) that when each time a value is added in A1 it counts the times this is done.
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At the moment the value given is net of VAT, and I need the total figure in G27 to recognise that the first item needs to be at 15%, the second at 5% and the 3rd at 0%.
I cut alphabet letters out of MDF. I need to calculate the total weight of any letter.
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The weight of my MDF I have set at is 850kg cubic meter. That’s set in A3.
I need the total weight of the letter in J7 to be in grams.
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View 4 Replies View RelatedBelow is my data
Complexity Type
Name
1
2
3
4
5
6
7
Ali,Shaheen Sultan
8
34
34
6
0
0
0
Budati,Manoj Kumar
7
18
18
12
6
0
0
Based on above data if The Column heading is 1 then it needs to go to the below data and multiply by that value and at the end should give me the total for the person. note that the total time is captured in a different sheet.
Complexity
Times Complexity 1
1
1.00
2
1.41
3
2.03
4
2.92
5
3.19
6
4.10
7
4.65
Formula to calculate the YTD % ?
If A1= YTD 100% and B1, C1 ,D1 etc.. do represent the month of Jan, Feb, Mar...etc
What do I have to use for A1 to auto-cal Jan - Dec?
I have a form which captures below details.
Label 1 = Time when form initialized or opened
Label 2 = Running Time (Live Time)
Label 3 = Total Time (Label 2 - Label 1)
Now what I need is since Label 2 is live time which shows the running time, Label 3 displays the total time spent. I want to display total time as running time.
e.g.
Label 1 = 13:01:00
Label 2 = 13:05:10 (running time/live time) which will keep ticking
Label 3 = 00:04:10 (I want even this as running time which keep running when label 2 is running)
I'm trying to have a cell (eg.A1) where i can input a dollar value and when enter is pressed, on another cell (eg.A2) the dollar value gets added, then the original cell (A1) is cleared for the next input.
Then when I put the next input (A1) I want it to add on to this running dollar total (A2) and yet again A1 is cleared for the next input.
In addition to this I require an additional cell (eg.A3) that when each time a value is added in A1 it counts the times this is done.
Is there a method to calculate the total number of hours in excel. In my attached file, the excel treat the 24 hours as time and recalculate from 0 hour.
View 2 Replies View RelatedDate Start End Total
12/8 - 2:00 3:00 = 1
12/8 - 4:00 5:00 = 2
12/8 - 20:00 21:00 = 5
12/9 - 23:00 0:00 = 3
12/9 - 3:00 4:00 = 4
=SUMIF($A:$A,">="&TODAY()-1,D:D)/24-SUMIF($A:$A,">"&TODAY(),D:D)/24
In the example above, E2 calculates the totals between 12/8 and 12/9 giving me 15:00. What I want the formula to exract is the total from Col D the total from 12/9 to the previous 24hrs.
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I have three values. The Quantity of items, the cost per items and the cost for the entire order. In some instances I want to give my clients items for free so I need to lower the cost per item in order to keep the entire order cost the same.
In order to ensure we are on the same page let's use the following associations:
Y = Quantity
X = Cost Per Item
Z = Order Total
So essentially I need a formula that will automatically calculate the cost per item (X) when more Quantity (Y) is added in order to keep the order total (Z) the same.
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View 4 Replies View RelatedI need a formula to calculate a total based on two conditions.
See spreadsheet attached.
Please refer to attached sheet.
I am using the attached to schedule the employees. All I want is a formula to add up all schedule hours per week per schedule in cell R2,R3 and R4.
Book2.xlsx‎
I have attached a sample workbook of what I am struggling with. It is for payroll, and I need to calculate taxes and pension as a percentage of Total W-2. The problem is that the 'Total W-2' column then deducts these taxes and pension.
Currently, the worksheet has about 30 columns out to the right using 'guesses' to back into these numbers, but I hope there is an easier way.