Weekly Average Commission Calculation

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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Creating Commission Calculation?

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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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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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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*Start date > Start FY =0
* Current Week > End Date =0
* End Date < Start FY =0

The date difference is divided by 7 because there are 7 working days in a week. If it is greater then 7 then it would be 1 for current week.

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I have created a table for a business to monitor all income and expenses within a financial year of that business. This table contains raw data for example, date, income/expense, wholesale amount, retail amount etc. So when the business makes a sale for example I enter in the date of the sale, type of sale, wholesale and retail amounts etc, and i do this for every sale I make.

What i need to do is figure out a way to calculate the average monthly and weekly income to date so as the financial year continues and i make more sales i will continue to enter more data into this table and it will automatically adjust to the new weekly or monthly average income. This way i always have an actual and live average for every cent the business has made as the year progresses and i can use this to budget for the business. I would also like to know what the income is for the current week or month. that way i can say for example on average the business makes $4000 a week and in this week it has made say $5000.

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Please see attached file. I am referring to columns J and K ....

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Column J3 to J14 respectivley has Jan to Dec

The balance of the cells will have the data.

I then need to plot the rolling averages for each person on a gaph as teh months data is filled.

Below is the table:

Monthly Totals 2012AllanBillCharlieDonEllenFloraJan0.0000.0000.0000.0000.0000.000
Feb0.0000.0000.0000.0000.0000.000Mar0.0000.0000.0000.0000.0000.000
Apr0.0000.0000.0000.0000.0000.000May0.0000.0000.0000.0000.0000.000
Jun0.0000.0000.0000.0000.0000.000Jul0.0000.0000.0000.0000.0000.000
Aug0.0000.0000.0000.0000.0000.000Sep0.0000.0000.0000.0000.0000.000
Oct0.0000.0000.0000.0000.0000.000Nov0.0000.0000.0000.0000.0000.000Dec0.0000.0000.0000.0000.0000.000

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CalculationE.xlsx

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=IF(K23="","",IF(AND(K23=E23,ABS(B23-AVERAGE(F23:J23))>B20),B23-ABS(AVERAGE(F23:J23)-B20),

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Private Sub CommandButton1_Click()

Dim sh As Worksheet, sum As Double, n As Long
n = 0
sum = 0
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Dim nbrOfAvgs As Long, i As Long
nbrOfAvgs = 19
i = 0 ....................

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Sub setcommission()
Sheet3.Select

Dim cellsNum As Integer
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Dim sales As Single
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For i = 1 To cellsNum
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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.

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