Nested IF Formula: Calculate The Commission For My Employees
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?
View 5 Replies
ADVERTISEMENT
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.
View 5 Replies
View Related
Jul 16, 2009
I have a spreadsheet representing a month where I am trying to figure out different scenarios for employees. One scenario is that an employee could have to move to a temporary position. In that case, I need to calculate the salary payments to temporary employees in a particular work unit. I've tried several different approaches to this problem, but am still getting the error.
One method has been using this sumproduct formula:
View 2 Replies
View Related
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.
View 9 Replies
View Related
Sep 5, 2007
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.
View 3 Replies
View Related
Apr 1, 2014
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
View 1 Replies
View Related
Sep 25, 2013
I am a part of an construction company, I am looking to calculate Rig Pay, Truck pay and Perdiem for each employee based on an Excel Spreadsheet pulled from the Time Card Lines out of our accounting software. I am struggling terribly, and need assistance. The Calculations are as follows
Every Employee has multiple lines in the Time Cards sheet.
Rig Pay, Truck Pay, and Perdiem come from the Employee file in our system
If employee id is the same, job number is the same, cost code is the same, calc rig pay * hrs
If employee id is the same, job number is the same, cost code is the same, calc truck pay * hrs
If employee id is the same, job number is the same,Data, and cost code is the same, calc Perdiem /day
The final result i should see how much each employee charges rig pay, truck pay, and perdiem per job, and cost code.
View 9 Replies
View Related
Mar 6, 2012
I am trying to write an IF statement. The IF statement should calculate BONUS for an employee GREATER THAN 50 YEARS OLD.
View 4 Replies
View Related
May 3, 2013
In a sheet, like the example, I have monthly shift schedules for employees. What I want is to count the total shifts for Saturday and Sunday, separately Night (N) and Morning (M)/Afternoon (A) shifts, as in columns with red.
ABCDEMNOPQRAGAHAIAJ1JUNE 20132DATE1234121314151617....
HOW MANY "N" HOW MANY "M" AND "A"3SATSUNMONTUEWEDTHUFRISATSUNMON....
AT SAT-SUNAT SAT-SUN4Employee1NNNNNMM--A205Employee2MMMM-NNNNN246
Employee3AAAAM--MMM067Employee4--MM-AANNM408............................................9EXAMPLE
View 6 Replies
View Related
Apr 15, 2014
I have to calculate employees work hours for overtime.
in the timesheets:
A B C D E
1 ID Date Code Hours PayMethod
2 A123 4/14/14 TRN 20:00 Regular
3 A123 4/14/14 TTT 15:00 Regular
4 A123 4/14/14 TRN 13:00 <----- total for cell D2,D3, and D4 is more than 40
A B C D E
1 ID Date Code Hours PayMethod
2 A123 4/14/14 TRN 20:00 Regular
3 A123 4/14/14 TTT 15:00 Regular
4 A123 4/14/14 TRN 5:00 Regular <----- to make 40
5 A123 4/14/14 TRT 8:00 Overtime <----- 13-5=8, so i have to write down 8 here for overtime
How can I do this?
I want to make a command button for macro to perform this.
View 2 Replies
View Related
Feb 16, 2014
I need to calculate the employees incentives based on target achievement in different scales. In attachment sheet i filled the output manually but i need the actual formula .
View 11 Replies
View Related
Feb 13, 2013
Im having a hard time creating the formula to calculate the min number of employees to complete a number of jobs that come in each day and need to be finished in 18 days or less.
Data that I have:
Forecast of the number of jobs for 251 days ( jobs range from 10 -80 per day) Each job needs to be finished in 18 days or less we need to staff a fixed number of employees for the whole year each employee can complete 4 jobs per day no weekends
i have excel 2010 and crystal ball
View 1 Replies
View Related
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?
View 14 Replies
View Related
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.
View 4 Replies
View Related
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.
View 2 Replies
View Related
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
View 6 Replies
View Related
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)
View 9 Replies
View Related
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.
View 4 Replies
View Related
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)
View 9 Replies
View Related
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 $ ?
View 7 Replies
View Related
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.
View 2 Replies
View Related
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.
View 4 Replies
View Related
Oct 27, 2009
I'm writing a spreadsheet where I need to calculate a nested IF function (I think), and I am unsure of how to do it.
The problem is this:
The total $ value of the quote is entered, then depending on two variables, a rebate may be deducted from this total value. The first variable is eligibility (a Y/N response), the second is the type of project - there are two types of project and each attract a different rebate amount.
So I have:
A: total quote $
B: Eligibility - 'Y' or 'N' (if 'Y', then value of 'C' is deducted from 'A'), (if 'N', then no value is deducted from 'A')
C: Type - '1' or '2' (if '1', then 'C' = $1000), (if '2', then 'C' = $1600)
D: final result
View 2 Replies
View Related
Feb 12, 2009
I had tried ranking formula to rank employees on some cirteria it was working, but if there is any tie between two employees then the next rank is not displaying for example in Ach Rank : rank 5 is missing because there is tie is between two employees is rank 4. Request your suggestion and help on this for overcoming the issue.
Formula used for ranking : =IF(B2>=75%,RANK(B2,$B$2:$B$41,1)-COUNTIF($B$2:$B$41,"
View 9 Replies
View Related
Apr 19, 2009
The range B7:K7 contains columns of "dates" and "characters" like "A", "B" and "C" . Range D2 = Today's date. If Range C7 is blank then it should calculate Today's date minus Column B7 (i.e D2-B7) so on:
B7 = "01-Apr-2009", C7 = "02-Apr-2009", D=7 = Status as "(A)"
B7 = Submitted Date, C7 = Received Date, D7 = Status
Difference Between Today's Date and "B7" date is required if "C7" is Blank date. Otherwise it should search next group (E, F)
=IF(AND(ISBLANK(C7),NOT(ISBLANK(B7))),D2-B7,IF(AND(ISBLANK(F7),NOT(ISBLANK(E7))),D2-E7,IF(AND(ISBLANK(I7),NOT(ISBLANK(H7))),D2-H7,IF(AND(ISBLANK(L7),NOT(ISBLANK(K7))),D2-K7,"--")))))
-- Excel File is attached.
View 4 Replies
View Related
Sep 11, 2013
I am putting together a procedure to calculate a value based on all of the active cells in column "A" and a couple other conditions. "k" is my variable to put a value into (k,8) until all the active cells in column A have a corresponding value in (k,8)
I have my scenarios all built out into If statements and the code runs....but no value is being added to cell (k,8) for any of the rows with entries in column "A" when the procedure is finished running. Depending on the values in (k,2) and (k,3) there are four different ways the value in (k,8) needs to calculate as I have built out below. Why my values aren't being added to (k,8)?
Code:
Sub CalcSpecialFee()
Dim k As Integer
Dim cell As Range
k = 4
Application.ScreenUpdating = False
Sheets("Summary").Select
[Code] .........
View 1 Replies
View Related
Oct 6, 2009
I have a sheet in which in Coloum A I have manager names, then in Colum B I have list of Employees reporting to that manager, then in Column C, I have total login time of each employee which should be => 8 hours. In a new sheet, I want to get the count of employees next to the each manager's name who login time is less then 8 hours.
View 3 Replies
View Related
Jan 21, 2010
I'm trying to hone a quoting tool to generate an amount based on a given range and minimum charges for specified subsects of the range. If you reference the attachment I'm trying to calculate a charge in cell K15 based on values in B9 and C10 referencing the table I8:R9. What I cant figure out is how to create a minimum charge of 50 for J8:P9 (points A-G) and a charge of 95 for Q8:R9 (points H-I).
View 2 Replies
View Related
Aug 24, 2014
I am trying to use a combination of Concatenate and IF formula to produce an email.
My input.
D4: First Name:
D5: Middle Name:
D6: Last Name:
D8: Organization:
Once all these are filled, I want the formula to produce a result like
FirstName.M.LastName@Organization.com
I have used the following formula.
[Code] .....
Problem is if there is a middle name the formula works fine, but in case where there is no middle name, it produces the following result.
FirstName..LastName@Organization.com
How do I remove the additional (.) in cases where there is no middle name.
Attached File : Email Generator.xlsx
View 3 Replies
View Related
Feb 20, 2009
I have a rather large formula that I put together and it's shown in column 'C' in the small sample file I have attached. I'd like to add one more criteria such that I avoid duplicate solutions in column 'C'. i.e. I only want the first occurrence of a group.
The formula works fine 'bucketing' the first entry. If I have an solution in C I want the formula to not give me another answer if the cell immediately above has an answer. In other words, rows 11 and 15 would be blank because rows 10 and 14 have an answer.
I've tried inserting another criteria in the AND statement, like ISBLANK for the cell above, but I can't get it to work. What am I doing wrong, OR is there a simpler solution?
View 2 Replies
View Related
