Paid time of accrual rate formula

steve89

Board Regular
Joined
Oct 4, 2015
Messages
152
hi everyone im looking to have an accrual formula developed ive tried for a while works but not quite. This is the breakdown:

i have a sheet that is universally used by many account and they just change they year and everything else follows. Recently i want to develop an accrual calculator for account managers. So they need to reference the following:

=YTD1J4 (which is the year that the manager enters)
hire date is C4 which is spelled out like so 4/12/12
what is there CURRENT accrued paid time off. not based on the years they worked but the current year hence using YTD!J4. Now i want to use cell C104 as a place where the max accrued rate would be and in this case if you work more then 2 years would be 80 hours or two weeks and less then two years would be 40 hours or 5 days. They have to accrue this monthly and not just get a automatic 2 week paid time off but rather it accrues. Here the thing the formula also has to incorporate and "if" or "or" formula as it has to say if D4="Full time")*C104 (which is the facilities max earned time off)

any help would be appreciate thank you all so much.
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.

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