Adjusted Rent payments based on cumulative revenue

C

CDThe1

New Member
Joined
Mar 27, 2016
Messages
12
Hi all, this sounds pretty simple, but I am having a tough time with it.

I have to pay rent based on revenue. The percentages are as follows:

6% of revenue up to $1M
8% of revenue from $1M-$2M
10% of revenue from $2+

I have to pay rent monthly, but the percentages are based on a cumulative revenue. So, if my yearly cumulative revenue is $1.5M in July, I would pay 6% on the first million, then 8% on the $500K. But I can't seem to figure out how to get this work out into a monthly rent number.

So, if my revenue in July alone is $100,000, I'd pay a monthly rent of $6,000 (6%), but if that revenue pushes me over $1M, by say $20K, I would need to pay 8% on just that $20K and continue for the entire year.

Help!
 

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which version of excel are you using?
i'd recommend adding it to your profile for future posts
 
Upvote 0
sorry took a while to get back to you, are you working from an existing sheet or building one?
i might have a solution if you're able to add helper columns...
and are you looking for it broken out into details or just the final answer?
 
Upvote 0
sorry for slow reply, but try this out
-------------------
MrE working- copy sheets out when done.xlsx
ABCDEFGHIJKLMNOPQRST
16%$ 1,000,000.008%$ 2,000,000.0010%
2
3<1M<1M<1M<1M1M<=x<=2M>2M<2M<2M part<2Msimple<1M1M<=x<=2M<2Mconsolidated
4revenuecumulative6%6%8%8%8%8%10%10%rentrent
5jan$ 125,000.00$ 125,000.00TRUE$ 7,500.00$ -$ -FALSE$ -$ -FALSE$ -$ -$ 7,500.00TRUEFALSEFALSE$ 7,500.00
6feb$ 150,000.00$ 275,000.00TRUE$ 9,000.00$ -$ -FALSE$ -$ -FALSE$ -$ -$ 9,000.00TRUEFALSEFALSE$ 9,000.00
7mar$ 175,000.00$ 450,000.00TRUE$ 10,500.00$ -$ -FALSE$ -$ -FALSE$ -$ -$ 10,500.00TRUEFALSEFALSE$ 10,500.00
8aprl$ 200,000.00$ 650,000.00TRUE$ 12,000.00$ -$ -FALSE$ -$ -FALSE$ -$ -$ 12,000.00TRUEFALSEFALSE$ 12,000.00
9may$ 225,000.00$ 875,000.00TRUE$ 13,500.00$ -$ -FALSE$ -$ -FALSE$ -$ -$ 13,500.00TRUEFALSEFALSE$ 13,500.00
10june$ 250,000.00$ 1,125,000.00FALSE$ -$ 7,500.00$ 10,000.00TRUE$ -$ -FALSE$ -$ -$ 17,500.00FALSETRUEFALSE$ 17,500.00
11july$ 275,000.00$ 1,400,000.00FALSE$ -$ -$ -TRUE$ 22,000.00$ -FALSE$ -$ -$ 22,000.00FALSETRUEFALSE$ 22,000.00
12aug$ 300,000.00$ 1,700,000.00FALSE$ -$ -$ -TRUE$ 24,000.00$ -FALSE$ -$ -$ 24,000.00FALSETRUEFALSE$ 24,000.00
13sept$ 325,000.00$ 2,025,000.00FALSE$ -$ -$ -FALSE$ -$ 2,000.00TRUE$ 32,500.00$ -$ 34,500.00FALSEFALSETRUE$ 34,500.00
14oct$ 350,000.00$ 2,375,000.00FALSE$ -$ -$ -FALSE$ -$ -TRUE$ -$ 35,000.00$ 35,000.00FALSEFALSETRUE$ 35,000.00
15nov$ 375,000.00$ 2,750,000.00FALSE$ -$ -$ -FALSE$ -$ -TRUE$ -$ 37,500.00$ 37,500.00FALSEFALSETRUE$ 37,500.00
16dec$ 400,000.00$ 3,150,000.00FALSE$ -$ -$ -FALSE$ -$ -TRUE$ -$ 40,000.00$ 40,000.00FALSEFALSETRUE$ 40,000.00
Adjusted Rent cumulative revenu
Cell Formulas
RangeFormula
C5:C16C5=SUM($B$5:B5)
D5:D16D5=C5<$E$1
E5:E16E5=IF(D5,B5*$D$1,0)
F5:F16F5=IF(D4=D5,0,MAX((C5-$E$1)*$D$1,0))
H5:H16H5=IF(AND(I5,D4=I5),(B5-(C5-$E$1))*$H$1,0)
I5:I16I5=AND(C5<=$I$1,C5>$E$1)
J5:J16J5=IF(AND(I5,I4=I5),B5*$H$1,0)
K5:K16K5=IF(I4=I5,0,MAX((C5-$I$1)*$H$1,0))
M5:M16M5=C5>$I$1
N5:N16N5=IF(M4=M5,0,B5*$M$1)
O5:O16O5=IF(AND(M5,M4=M5),B5*$M$1,0)
P5:P16P5=E5+F5+H5+J5+K5+N5+O5
Q5:Q16Q5=C5<$E$1
R5:R16R5=AND(C5<=$I$1,C5>$E$1)
S5:S16S5=C5>$I$1
T5:T16T5=LET(cml,SUM($B$5:B5), (IF(Q5,B5*$D$1,0))+ (IF(Q4=Q5,0,MAX((cml-$E$1)*$D$1,0)))+ (IF(AND(R5,Q4=R5),(B5-(cml-$E$1))*$H$1,0))+ (IF(AND(R5,R4=R5),B5*$H$1,0))+ (IF(R4=R5,0,MAX((cml-$I$1)*$H$1,0)))+ (IF(S4=S5,0,B5*$M$1))+ (IF(AND(S5,S4=S5),B5*$M$1,0)))
 
Upvote 0
I used the Lamba feature of Excel to build the formula.
With Name Manager
in New part enter a name for the new function (something relevant); I used Rent_b
in value part enter the Lambda part
The function specifies the necessary parameter "CumRev"
This is similar to the SumProduct or Sum versions that are shown below.

Commissions 2023.xlsm
ABC
1Cumulative
2SalesRent
3January100,000.006,000.00
4February380,000.0022,800.00
5March300,000.0018,000.00
6April200,000.0012,000.00
7May300,000.0023,600.00
8June120,000.009,600.00
9July100,000.008,000.00
10August300,000.0024,000.00
11September400,000.0036,000.00
12October500,000.0050,000.00
13November100,000.0010,000.00
14December100,000.0010,000.00
152,900,000.00230,000.00
16
17Total2,900,000.00230,000.00
2g
Cell Formulas
RangeFormula
C3:C14C3=Rent_b(SUM($B$3:B3))-SUM($C$2:C2)
B15:C15B15=SUM(B3:B14)
B17B17=SUM(B3:B14)
C17C17=Rent_b(B17)
Lambda Functions
NameFormula
Rent_b=LAMBDA(CumRev,LET(b, {0;1000000;2000000}, r, {0.06;0.02;0.02}, SUM((CumRev > b) * (CumRev - b) * r)))


Commissions 2023.xlsm
ABCDE
1CumulativeCumulative
2SalesRentRentRent
3January100,000.006,000.006,000.006,000.00
4February380,000.0022,800.0028,800.0022,800.00
5March300,000.0018,000.0046,800.0018,000.00
6April200,000.0012,000.0058,800.0012,000.00
7May300,000.0023,600.0082,400.0023,600.00
8June120,000.009,600.0092,000.009,600.00
9July100,000.008,000.00100,000.008,000.00
10August300,000.0024,000.00124,000.0024,000.00
11September400,000.0036,000.00160,000.0036,000.00
12October500,000.0050,000.00210,000.0050,000.00
13November100,000.0010,000.00220,000.0010,000.00
14December100,000.0010,000.00230,000.0010,000.00
152,900,000.00230,000.00230,000.00
16
17Total2,900,000.00230,000.00230,000.00
18
19
20BracketsRatesRate Differential
21
2206.00%0.06
231,000,0008.00%0.02
242,000,00010.00%0.02
25
26Amount2,900,000.00230,000.00230,000.00230,000.00
27
28
2g
Cell Formulas
RangeFormula
C3:C14C3=Rent_b(SUM($B$3:B3))-SUM($C$2:C2)
D3:D14D3=LET(s,SUM($B$2:B3),SUM((s>$A$22:$A$24)*(s-$A$22:$A$24)*($B$22:$B$24-$B$21:$B$23)))
B15:C15,E15B15=SUM(B3:B14)
E3:E14E3=LET(s,SUM($B$2:B3),SUM((s>$A$22:$A$24)*(s-$A$22:$A$24)*($B$22:$B$24-$B$21:$B$23)))-SUM($E$2:E2)
B17B17=SUM(B3:B14)
C17C17=Rent_b(B17)
D17,D26D17=SUM((B17>{0;1000000;2000000})*(B17-{0;1000000;2000000})*({0.06;0.02;0.02}))
C22:C24C22=B22-B21
C26C26=SUMPRODUCT(--(B26>A22:A24),B26-A22:A24,(B22:B24-B21:B23))
E26E26=Rent_b(B26)
Lambda Functions
NameFormula
Rent_b=LAMBDA(CumRev,LET(b, {0;1000000;2000000}, r, {0.06;0.02;0.02}, SUM((CumRev > b) * (CumRev - b) * r)))
 
Last edited:
Upvote 0
Commissions 2023.xlsm
ABCDE
20BracketsRatesRate Differential
21
2206.00%0.06
231,000,0008.00%0.02
242,000,00010.00%0.02
25
26Amount2,900,000.00230,000.00230,000.00230,000.00
27
2g
Cell Formulas
RangeFormula
C22:C24C22=B22-B21
C26C26=SUMPRODUCT(--(B26>A22:A24),B26-A22:A24,(B22:B24-B21:B23))
D26D26=SUM((B26>{0;1000000;2000000})*(B26-{0;1000000;2000000})*({0.06;0.02;0.02}))
E26E26=Rent_b(B26)
Lambda Functions
NameFormula
Rent_b=LAMBDA(CumRev,LET(b, {0;1000000;2000000}, r, {0.06;0.02;0.02}, SUM((CumRev > b) * (CumRev - b) * r)))
 
Upvote 0
Commissions 2023.xlsm
ABCE
1Version aVersion b
2SalesRentRent
3January125,000.007,500.007,500.00
4February150,000.009,000.009,000.00
5March175,000.0010,500.0010,500.00
6April200,000.0012,000.0012,000.00
7May225,000.0013,500.0013,500.00
8June250,000.0017,500.0017,500.00
9July275,000.0022,000.0022,000.00
10August300,000.0024,000.0024,000.00
11September325,000.0026,500.0026,500.00
12October350,000.0035,000.0035,000.00
13November375,000.0037,500.0037,500.00
14December400,000.0040,000.0040,000.00
153,150,000.00255,000.00255,000.00
16
17Total3,150,000.00255,000.00255,000.00
18
2g
Cell Formulas
RangeFormula
C3:C14C3=Rent_b(SUM($B$3:B3))-SUM($C$2:C2)
B15:C15,E15B15=SUM(B3:B14)
E3:E14E3=LET(s,SUM($B$2:B3),b,{0;1000000;2000000},r,{0.06;0.02;0.02},SUM((s>b)*(s-b)*r)-SUM($E$2:E2))
B17B17=SUM(B3:B14)
C17C17=Rent_b(B17)
E17E17=SUM((B17>aB)*(B17-aB)*aR)
Lambda Functions
NameFormula
Rent_b=LAMBDA(CumRev,LET(b, {0;1000000;2000000}, r, {0.06;0.02;0.02}, SUM((CumRev > b) * (CumRev - b) * r)))
 
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