Need help on sales/commission tracking log

A

atxmichael

New Member
Joined
Aug 6, 2004
Messages
8
I'm developing a sales/commission tracking log for my company, the problem I have run into is this:

The reps work on a points system

0 to 29pts = $0

30pts = $300

31-40pts = $10 per point

41-50pts = $15 per point

Greater than 50pts = $20 per point

I need formula that will calulate a dollar amount based on the number points.

EX: rep1 has 47pts his Bonus would be $505 (30=$300, 10@$10=$100 7@$15=105)

I know the basics of excel but can't figure out where to start on this. Any help would be greatly appreciated! thanks again.
 

Excel Facts

Whats the difference between CONCAT and CONCATENATE?
The newer CONCAT function can reference a range of cells. =CONCATENATE(A1,A2,A3,A4,A5) becomes =CONCAT(A1:A5)
Sort by date Sort by votes
=IF(A1>50,550+((A1-50)*20),IF(A1>40,400+((A1-40)*15),IF(A1>30,300+((A1-30)*10),IF(A1=30,300,0))))
 
Upvote 0
If the total points is in A17 then this should work, test it!

=IF(A16>=51,((A16-50)*20)+550,IF(AND(A16>40,A16<51),400+((A16-40)*15),IF(AND(A16>30,A16<41),300+((A16-30)*10),IF(AND(A16>29,A16<31),300,0))))
 
Upvote 0
Joe Was said:
If the total points is in A17 then this should work, test it!

=IF(A16>=51,((A16-50)*20)+550,IF(AND(A16>40,A16<51),400+((A16-40)*15),IF(AND(A16>30,A16<41),300+((A16-30)*10),IF(AND(A16>29,A16<31),300,0))))
Click to expand...


Although this work, it appears to have unnecessary "ands" in it.
 
Upvote 0
You must log in or register to reply here.

Similar threads

K
  • Question
Help with difference between 2 dates including am/pm and check multiple entries to see if they occur at the same date and am/pm
Replies
1
Views
217
XLfriend777
XLfriend777
brockk
  • Question
Needing 2 formulas to work with the results from a UNIQUE function.
Replies
2
Views
268
Fluff
Fluff
J
  • Question
Need some help with permutation code, convert from one cell to a range
Replies
3
Views
303
johnnyL
J
C
  • Solved
Create Function that Calculates a Value Relative to Original Price and Also Constructs a Price Ladder
2
Replies
10
Views
974
NdNoviceHlp
NdNoviceHlp
P
  • Question
Tell Me I'm Crazy
Replies
2
Views
268
duggie33
D

Forum statistics

Threads
1,216,529
Messages
6,131,197
Members
449,634
Latest member
sunilj56

Share this page

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top