Calculate Rebate % Based On 2 Criteria - Sales Volume & Compliance Ratio - INDEX/MATCH?

miva0601

New Member
Joined
Mar 31, 2015
Messages
33
I need to calculate the Rebate % earned based on two criteria: sales volume & compliance ratio - the 3 columns I'm trying to complete are in red: Tier, Rebate % & Rebate Amount.


Question: What is the rebate amount for customer 121761 for September? Sales Volume is over $100K and Compliance is over 90%, so the rebate % earned would be 24%.



Matrix:




Compliance Ratio
Sales Volume0%
70%
80%
85%
90%
$ 0.0
5%
7%
10%
15%
19%
$ 15,000.00
6%
8%
11%
16%
20%
$ 30,000.00
7%
9%
12%
17%
21%
$ 50,000.00
8%
10%
13%
18%
22%
$ 75,000.00
9%
11%
14%
19%
23%
$ 100,000.00
10%
12%
15%
20%
24%

<tbody>
</tbody>


Data:

<tbody>
</tbody>

<colgroup><col><col><col><col><col><col><col><col><col></colgroup><tbody></tbody>
Start DateEnd DateCustomerAgreementSales VolumeCompliance RatioTierRebate %Rebate Amount
9/1/20189/30/201812176147422$ 109,537.651.002
9/1/20189/30/20188043739494$ 50,194.530.930
9/1/20189/30/201863839239903$ 60,340.240.750
9/1/20189/30/20187770139476$ 146,524.561.010
10/1/201810/31/201837599139476$ 360,951.950.930
10/1/201810/31/20183944939494$ 469,241.430.895

<colgroup><col><col><col><col><col><col><col><col><col></colgroup><tbody>
</tbody>


Proposed Formulas:
Tier=IF(F2>0.9,"90%+",IF(F2>0.85,"85-89.99%",IF(F2>0.8,"80-84.99%",IF(F2>0.7,"70-9.99%","0-69.99%")))) Is there a cleaner formula to pull in the tier range?
Rebate %Need help with formula
Rebate Amount=H2*E2

<colgroup><col><col></colgroup><tbody>
</tbody>


Format for the Tier column return value:
Tier Range
0-69.99%
70-79.99%
80-84.99%
85-89.99%
90%+

<colgroup><col></colgroup><tbody>
</tbody>
 

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Any suggestions on whether I should reword this to make my question more clear or more concise to get a response?
 
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