OK, Barbara....this is turning into a mini-project so let's do some
housekeeping so we can all understand how this model works when we're done.
We've already proven that we can make big, complicated formulas....now let's
make this model more intuitive to the casual user/reviewer.

Insert two rows at the top of the model, then...
N1: 12/31/2004

N2: 21
O2: 1
P2: 1000

M3: ProfShareStatus
N3: AgeTest
O3: TenureTest
P3: HrsTest
Q3: ActiveTest

M4: =--(SUM(N4:Q4)=4)
N4: =--(DATEDIF(B4,$N$1,"y")=$N$2)
O4: =--(DATEDIF(MIN(C4,$N$1),$N$1,"y")=$O$2)
P4: =--(E4=$P$2)
Q4: =--(ISBLANK(D4))
Copy those formulas down as far as needed

As you can see, the ProfShareStatus tests that there is a 1 in each of the 4
test fields. The formulas make it easier to isolate why someone would not
qualify for Profit Sharing.

Defninitely use JE McGimpsey's table approach. I put it in cells U1:W4
Comp Rate RateDiff
0 3% 3.00%
90001 8.70% 5.70%
200001 0 -8.70%

I3: Match
I4: =M4*SUMPRODUCT(--(G4$U$2:$U$4),(G4-$U$2:$U$4),$W$2:$W$4)
Copy that formula down as far as needed.

Now, I need some clarifications.
You mentioned that Col_J contains Profit Match.
Where does that value come from?

How is the $40,000 maximum used in the calculations?

That's all for now.

***********
Regards,
Ron


"barbarat" wrote:

Ron:
I couldn't get that to work...I am not familiar enough; got a suggestion for
this:
=IF(OR(DATEDIF(B2,"12/31/04","y")<21,E2<1000,D20),0,ROUND(IF(G2<=90000,11. 7%*G2,IF(G2<=200000,3%*90000+8.7%*G2,3%*90000+8.7% *200000)),2))
It worked, but now here's the problem. I have a cap of $40000 for total
employee investments, including their contribution, match and profit share
(reduced to fit cap at profit sharing). The above formula gives me profit
share.
I have the match in column I...which will need to be added to the profit
match in column J, but capped at 40000. do I need a separate column, and if
so, would I use an IF, or can it be incorporated in the profit sharing, which
is where the overage is reduced...? Any suggestions? Thanks for all your
help.
Barbara
--
barbarat


"barbarat" wrote:

Ron:
I will give that a try, and let you know. Thanks so much!
Barb
--
barbarat


"Ron Coderre" wrote:

Try this:

First, on a separate sheet (assuming sheet3) and beginning in Cell A1, put
this table:
(Full credit to JE McGimpsey for the rate table approach below)

Comp Rate Rate Diff
0 3% 3.00%
90001 8.70% 5.70%
200000 0 -8.70%

Then, back on your table

If Col_H holds the Shares calculation, then:
H2:
=IF(SUMPRODUCT(--(DATEDIF(B2,C2,"y")=21)*ISBLANK(D2)*(E2=1000)*(D ATEDIF(C2,TODAY(),"y")=1))=1,SUMPRODUCT(--(G2Sheet3!$A$2:$A$4),(G2-Sheet3!$A$2:$A$4),
Sheet3!$C$2:$C$4),0)

Copy that formula down as needed.

Does that help?

***********
Regards,
Ron


"barbarat" wrote:

I am having a similar problem with an IF statement, I think...I am new to
Excel, so there may be a better solution to my formula than an IF...
Here is what I need:
profit sharing calculation, columns as follows:
DOB, column B as mm/dd/yyyy
Date of Hire, column C
Dof Termination, column D
hours worked, column E
compensation, column G
An employee must have worked 1 year, and 1000 hrs, not be terminated, be
over 21 then share is 3% of compensation up to 90000, plus 8.7% of al
compensation. No shares beyond 200000 in compensation.
I have tried IF, IF AND, OR...nothing is working. I keep getting the error
with the IFs that there are too many arguments. I posted a couple of them
under "pensions"...but none of them worked. Help, please...thanks!
--
barbarat


"Ron Coderre" wrote:

See if this fixes it:

Start should be:
=SUMPRODUCT(--(A$2:A$10000=A2)*(D$2:D$10000=D2)*((C$2:C$10000)=" S"&RIGHT($C2,1))*B$2:B$10000)

Finish should be:
=SUMPRODUCT(--(A$2:A$10000=A2)*(D$2:D$10000=D2)*((C$2:C$10000)=" F"&RIGHT($C2,1))*B$2:B$10000)


Does that make it right?

***********
Regards,
Ron


"ryesworld" wrote:

Hi, I ran into a problem with the formulas, the Start and Finish Cells are
not always returning the right numbers. Below is the table I get with your
formulas, and the Start and Finish Cells for Report 200 are summing the wrong
values (E4:F7). The formula I used for these is shown below the table.
(Copied from E2 & E3)

A B C D E F
G
1 REPORT DIST CONT CODE START FINISH DISTANCE
2 100 1 S1 A 1 5 -
3 100 5 F1 A 1 5 4
4 200 1 S1 A 11 35 -
5 200 10 S2 A 11 35 -
6 200 15 F2 A 11 35 24
7 200 20 F1 A 11 35 24

Start:
=SUMPRODUCT(--(A$2:A$10000=A2)*(D$2:D$10000=D2)*(LEFT(C$2:C$1000 0,1)="S")*B$2:B$10000)

Finish:
=SUMPRODUCT(--(A$2:A$10000=A2)*(D$2:D$10000=D2)*(LEFT(C$2:C$1000 0,1)="F")*B$2:B$10000)

Any idea how to fix this?

Thanks,
Ryan

"Ron Coderre" wrote:

I'm glad I got you pointed in the right direction.....
Thanks for the feedback

***********
Regards,
Ron


"ryesworld" wrote:

Yes, I can customize this formula to provide the total length for each
continuous code on each row, and then tweak it so that it only calulates the
distance on rows that have the Finish Codes (to prevent summing the lengths
twice).
You're the Excel Master. Brilliant! Thank You!

"Ron Coderre" wrote:

Using your example data in Cells A1:F10, try this:

H1: Report
H2: Code
H3: Start
H4: Finish
H5: Distance

I1: 100
I2: B
I3: =SUMPRODUCT(--(A3:A10=I1)*(D3:D10=I2)*(LEFT(C3:C10,1)="S")*B3:B1 0)
I4: =SUMPRODUCT(--(A3:A10=I1)*(D3:D10=I2)*(LEFT(C3:C10,1)="F")*B3:B1 0)
I5: =+I4-I3

Does that give you something to work with?

***********
Regards,
Ron


"ryesworld" wrote:

I need a formula that would be able to calculate the distance from the start
of a code to the end of a code. An example table is below. The start and
end of a code is indicated in the CONT. column. (Start of first code = S1,
end of first Code = F1, Start of second code = S2, end of second Code = F2,
etc.) Maybe a table could be used (E1:F2) that shows the corresponding Start
& Finish Codes. Two conditions need to be met before the length (in DIST
column) is to be calculated, the Report numbers and the Codes must be the
same for both rows.

A B C D E F
1 S1 S2
2 REPORT DIST. CONT. CODE F1 F2
3 100 5 S1 B
4 100 10 S2 A
5 100 12 F1 B
6 100 14 C
7 100 16 F2 A
8 200 2 B
9 200 4 S1 B
10 200 10 F2 B

In the table above:
- Code B in report 100 would go for a distance of 7 (12-5).
- Code A in report 100 would go for a distance of 6 (16-10).
- Code B in report 200 would go for a distance of 6 (10-4).

Any ideas how to do this would be greatly appreciated!
Thanks in advance.
Ryan