Desperately needing help...
On Sun, 16 Sep 2012 14:23:32 +0000, Weresmurf wrote:
Trying to work out how to do an IF query in Excel. Attempting to set up
some basic stuff for work.
Commission rate A 4% is in B6, Commission rate B 8% is in C6.
Commission Limit of 1000 A is in B7 and Limit 2000 B is in C7.
What I'm trying to work out, is how to do it so that if my guys sell
enough during the week (we only run a family furniture business,
starting out), how to calculate their comission.
If B12 is where their sales go, and c12 is where I want the commission
to be calculated to, how do I work it so that IF its equal to or greater
than 2000, it's calculated by 8%, IF its greater than 1000 but less than
2000 the get 4%. If they sell under 1000 a week they get 0?
I've been trying all day and just can't get it. Advice?
Note that I have interpreted what you have written that if your sales person sells $2,000 or more, he gets 8% on the total sales figure, and not just on the portion that is equal to or more than $2,000.
If he makes 4% on the 2nd thousand, and 8% on anything above that, then the formula would be different.