Hi guys,
Im working on some sort of a system for my brothers company and i am a bit stuck on something.
This is on the payrole system.
So..
Ive got a cell that calculates the salary but my brothers company is doing something called retention. What this means is that 4% of the wages gows to a "pot" with the maximum of £400. When it gets to £400 the driver can ask for that money any time in case of emergency.
Now..
Ive done the calculations with the percenteges. but im struggling with the if condition that i need to make on the calculation bit.
Example
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The idea is to get a formula that allows me to stop any deductions from the pay when the retention up to date gets to £400.
I really appreciate your time for this.
Thanks guys.
Im working on some sort of a system for my brothers company and i am a bit stuck on something.
This is on the payrole system.
So..
Ive got a cell that calculates the salary but my brothers company is doing something called retention. What this means is that 4% of the wages gows to a "pot" with the maximum of £400. When it gets to £400 the driver can ask for that money any time in case of emergency.
Now..
Ive done the calculations with the percenteges. but im struggling with the if condition that i need to make on the calculation bit.
Example
Retention up to date @ 4% | pay without retention | Retention value | Pay with retention | |||
£306.72 | £600.00 | £24.00 | £576.00 | |||
£952.00 | £38.08 | £913.92 | ||||
£877.00 | £35.08 | £841.92 | ||||
£688.00 | £27.52 | £660.48 | ||||
£999.00 | £39.96 | £959.04 | ||||
£999.00 | £39.96 | £959.04 | ||||
£999.00 | £39.96 | £959.04 | ||||
£999.00 | £39.96 | £959.04 | ||||
£555.00 | £22.20 | £532.80 |
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The idea is to get a formula that allows me to stop any deductions from the pay when the retention up to date gets to £400.
I really appreciate your time for this.
Thanks guys.