calculating a cumulative graded commissions scale

btardo01

Board Regular
Joined
Oct 6, 2009
Messages
168
Office Version
  1. 2016
Platform
  1. Windows
I am trying to prepare a worksheet that will calculate my monthly commissions, which are dependant upon a cumulative graded scale. So for the first 25,000 in dollars paid, the commissions would be at 5%. The second 10,000 in dollars paid, the commissions would be at 3.5%. For the next 15,000 in dollars paid, the commissions would be at 2.75% and all dollars after that would be at 2% commissions. So, in the below example, the first month generates 35,000 of monthly dollars, which would results in 25,000*5% + 10,000*3.5%. The second month would be 15,000*2.75% + 20,000*.2%. All other months would then be at 2%.

Another example would be if the monthly dollars paid were 20,000.....the first month's comm would be 20,000*5%. The second month's commissions would be 5,000*5% + 10,000*3.5% + 5,000*2.75%. The third month would be 10,000*2.75% + 10,000*2%. All other months would then be at the 2%.

Ideally, I would like one formula and could avoid "helper columns" but I can't figure out how to keep cumulative totals and multiple the ramainders by the appropriate %.


Annual Dollars paid420,000
Monthly Dollars PaidMonthly Comm
Month135,000
Month235,000
Month335,000
Month435,000
Month535,000
Month635,000
Month735,000
Month835,000
Month935,000
Month1035,000
Month1135,000
Month1235,000

<TBODY>
</TBODY>
 

Excel Facts

What is =ROMAN(40) in Excel?
The Roman numeral for 40 is XL. Bill "MrExcel" Jelen's 40th book was called MrExcel XL.
hello. It would help if you posted the expected solutions. How about this?

=5%*MAX(25000,SUM($B$3:B4))+3.5%*MAX(0,SUM($B$3:B4)-35000)+2.75%*MAX(0,SUM($B$3:B4)-50000)+2%*MAX(0,SUM($B$3:B4)-50000)
 
Upvote 0
Re-looking at this, I see the last two terms of what I posted are basically the same. So I'm expecting that will NOT do exactly what you want. I got something wrong. Still the general idea might be OK: I've a mountain of work just arrived so won't get back to this, sorry. Please can you modify as required. regards
 
Upvote 0

Forum statistics

Threads
1,215,055
Messages
6,122,902
Members
449,097
Latest member
dbomb1414

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