Commission Calc

Welsh Mark3

Board Regular
Joined
Apr 7, 2014
Messages
164
Office Version
  1. 365
I've read through lots of similar posts but they don't all seem to reflect what I'm trying to do. I'm building trying to build a sheet that calculates commission based on sales for a given month. Cell d2 would have monthly sales target, Cell E2 would have the sales result in F2 I would like to put the formula.

The model is as follows
  • 15% commission of all revenue between 0% and 100% of monthly target only when 50% of monthly target is achieved. No commission is paid unless 50% of monthly target is achieved.
  • 30% commission on all revenue between 100% and 150% of monthly target
  • 35% commission paid on revenue above 150% of monthly target.
Appreciate your help
 

Excel Facts

Ambidextrous Undo
Undo last command with Ctrl+Z or Alt+Backspace. If you use the Undo icon in the QAT, open the drop-down arrow to undo up to 100 steps.
Maybe

Pasta2
DEFGHIJK
1TargetSalesCommissionSales/TargetCommissionMarginal Commission
2100400015%15%
3100609130%15%
4100100151,535%5%
510012021
610016033,5
718022039
818030064,5
918010015
10
Plan2
Cell Formulas
RangeFormula
J2:J4J2=I2-N(I1)
F2:F9F2=IF(E2/D2<0.5,0,SUMPRODUCT(--(E2/D2>H$2:H$4),E2-(H$2:H$4*D2),J$2:J$4))


Hope this helps

M.
 
Upvote 0

Forum statistics

Threads
1,215,360
Messages
6,124,489
Members
449,166
Latest member
hokjock

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