If Statement multiple criteria

bobo5

New Member
Joined
Dec 20, 2016
Messages
1
Good Afternoon,

Currently working out salesman annual bonus!! But the criteria list is long. Currently there are 5 salesman. The criteria are below, and different combinations of criteria do different things to the total bonus.

1) To get a bonus the sales man must have done $500,000 in revenue.
2) Any bonus is reduced by 50% if the company doesnt hit $2,000,000 revenue
3) The salesman gets a full bonus if however he makes $250,000 margin (regardless of the revenue in 1)

How do I write a forumla that takes into account these criteria?
 

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Hi, welcome to the board.

Can I just check, when you say "regardless of the revenue in 1", do you really mean that, or do you actually mean "regardless of the revenue in 2" ?
 
Upvote 0
Hi,

Can you share your actual data column wise or your file here? It'll be easier to make a formula while looking at the data.

I'm online and be able to respond in real time to you until your problem is solved
 
Upvote 0
Try this
= if( C2>=250000,E2,if(and(B2>=2000000,A2>=500000),D2,if(and(B2<2000000,A2>=500000),D2/2,0)))

A2( revenue made by sales man)
B2(company revenue)
C2(margin)
D2( any bonus)
E2( full bonus)
Hope this would help
 
Upvote 0

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