Bonus payout calculator based on units sold not percentage of cash

snakel87

New Member
Joined
Aug 9, 2017
Messages
8
Mr. Excel Forum,

I have a sales team that gets paid based on units sold not dollars sold and then a percentage for bonus. I'm trying to figure out a formula that would allow them to track sales and see potential commissions.
For basic math sake they need to sell 60 units a quarter.
They only get paid if they hit the 50% threshold (30 units) at $125 until 60 units which equals $7500.00 . Everything after 60 units is $200 each with no cap.
I'm trying to find a formula that as they enter their weekly totals it calculates at the correct rate meaning as they go along it shows no commission earned until 30 units are entered and then it steps up again at 60... is this even possible?

All I have so far is a simple lookup tool that tells them the rate at which they are being paid out using VLOOKUP

=VLOOKUP(C10,$C$4:$D$6,2,TRUE)

Sales TiersTier MinimumPayout Rate
0-300$0
31-5931$125
$6060$200

<tbody>
</tbody>


Thanks,

David


 
Attention Biz

snakel87's requirement was not clear; the later suggestions probably address his question.
Since there a only two rates, the suggestion just above is sufficient.



Excel 2010
ABCDEF
1TierRateDiffCumulativeBonus
20125125300.00
36020075607,500.00
4729,900.00
550095,500.00
6
7aa
Cell Formulas
RangeFormula
C2=B2-N(B1)
C3=B3-N(B2)
F2=(E2>30)*SUMPRODUCT(--(E2>$A$2:$A$3),(E2-$A$2:$A$3),$C$2:$C$3)
F3=(E3>30)*SUMPRODUCT(--(E3>$A$2:$A$3),(E3-$A$2:$A$3),$C$2:$C$3)
F4=(E4>30)*SUMPRODUCT(--(E4>$A$2:$A$3),(E4-$A$2:$A$3),$C$2:$C$3)
F5=(E5>30)*SUMPRODUCT(--(E5>$A$2:$A$3),(E5-$A$2:$A$3),$C$2:$C$3)
 
Last edited:
Upvote 0

Excel Facts

Repeat Last Command
Pressing F4 adds dollar signs when editing a formula. When not editing, F4 repeats last command.
Attention Biz

snakel87's requirement was not clear; the later suggestions probably address his question.
Since there a only two rates, the suggestion just above is sufficient.


Excel 2010
ABCDEF
1TierRateDiffCumulativeBonus
20125125300.00
36020075607,500.00
4729,900.00
550095,500.00
6

<colgroup><col style="width: 25pxpx"><col><col><col><col><col><col></colgroup><thead>
</thead><tbody>
</tbody>
7aa

Worksheet Formulas
CellFormula
C2=B2-N(B1)
C3=B3-N(B2)
F2=(E2>30)*SUMPRODUCT(--(E2>$A$2:$A$3),(E2-$A$2:$A$3),$C$2:$C$3)
F3=(E3>30)*SUMPRODUCT(--(E3>$A$2:$A$3),(E3-$A$2:$A$3),$C$2:$C$3)
F4=(E4>30)*SUMPRODUCT(--(E4>$A$2:$A$3),(E4-$A$2:$A$3),$C$2:$C$3)
F5=(E5>30)*SUMPRODUCT(--(E5>$A$2:$A$3),(E5-$A$2:$A$3),$C$2:$C$3)

<thead>
</thead><tbody>
</tbody>

<tbody>
</tbody>

Hi Dave,
Thank you for your help. It was a twisted question.

Kind Regards

Biz
 
Upvote 0

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