Settlement Matrix Formula Wanted

[Corporate_DGNR8]

Hi All,

Just after some help, I’m trying to design a simple as possible settlement matrix, so that two values are put into a spreadsheet I.e value to pay and agreed settlement and a percentage is returned.

That’s done, what I’m struggling to make work is based on the returned percentage in a cell reference is the below.

If it’s over 80% to return the word “Accept”
Under 80% but above 50% “Refer to Manager”
Under 50% “Automatic Decline”

*I’ve got a percentage and word array pre-setup in another tan from 100% to 0%, if that helps.

And because I haven’t written one of these for a long while, I’m lost and could use some guru advice please

Thanks

D

 

[etaf]

If it’s over 80% to return the word “Accept”
Under 80% but above 50% “Refer to Manager”
Under 50% “Automatic Decline”

Assunming the percent is in C2
then in D2
put

=IF( C2>0.8, "Accept", IF( C2 < 0.5 , "automatic Decline", "refer to manager"))

does that help

you may need an >= or <=
as you say over 80%
and Under 80%
what if it = 80% ???

same question for 50%

*I’ve got a percentage and word array pre-setup in another tan from 100% to 0%, if that helps.

otherways to do it, if you want a table where you can change the values and words - so not hardcoded
Index(Match) formula

Book3
	A	B	C	D	E	F	G
1
2			10%	decline
3			50%	refer		0%	decline
4			80%	accept		50%	refer
5			20%	decline		80%	accept
6			90%	accept
7			94%	accept
8			100%	accept
9			55%	refer
10			30%	decline
11			22%	decline
12
Sheet2

Cell Formulas
Range	Formula
D2:D11	D2	=INDEX($G$3:$G$5,MATCH(C2,$F$3:$F$5,1))

Note: Images are difficult to see , and also requires that I input all the data myself, which is very time consuming.

A SMALL sample spreadsheet, around 10-20 rows, would help a lot here, with all sensitive data removed, and expected results mocked up and manually entered, with a few notes of explanation.

MrExcel has a tool called “XL2BB” that lets you post samples of your data and will allow us to copy/paste your sample data into our Excel spreadsheets, saving a lot of time.

XL2BB - Excel Range to BBCode

Excel 'mini-sheet' in messages - XL2BB Although experts prefer to read your description and question instead of working in your actual file to solve your problem, there are times that it is difficult to explain an issue without providing actual...

www.mrexcel.com

You can also test to see if it works ok, in the "Test Here" forum.

Test Here

Use this forum to test your signature, learn bbcode, smilies, XL2BB, etc. Threads in this forum are automatically deleted after no replies for seven (7) days

www.mrexcel.com

OR if you cannot get XL2BB to work, or have restrictions on your PC , then put the sample spreadsheet onto a share
I only tend to goto OneDrive, Dropbox or google docs , as I'm never certain of other random share sites and possible virus.
Please make sure you have a representative data sample and also that the data has been desensitised, remember this site is open to anyone with internet access to see - so any sensitive / personal data should be removed

 

[Corporate_DGNR8]

Brilliant, thank you. That’s worked perfectly with a slight tweak.

I thought I was over engineering the problem, really appreciate the help.

 

[etaf]

i have edited original post - and added the use of a table lookup

you are welcome