IF AND FORMULA REQUEST
I don't understand what all the other cells are, B14, B17, B20 etc., but
assuming that
E4 is the number of orders
F4 is the cumulative sales
H1 is the threshold (750000 here)
H2 is the first percentage (0.075%)
H3 is the second percentage (0,01%),
then
=IF(E4<4,0,MIN(F4,H1)*H2+MAX(0,F4-H1)*H3)
--
HTH
Bob Phillips
(replace somewhere in email address with gmail if mailing direct)
"Tonto" wrote in message
ups.com...
I need a formula to deal with the following problem.
If ORDERS are 4 or more AND MONTHLY CUMULATIVE is greater than or equal
to 750000 then everything up to 749999 is at .075% bonus and everything
greater than or equal to 750000 is at .01% bonus. If ORDERS are less
than 4 then no bonus. If amount less then 750000 but orders are 4 or
more then bonus is at .075%.
I have tried
=IF(AND(E4=$B$14,G4=$B$20),((G4-$B$20)*$B$17)+(F4-(G4-$B$20))*($B$16),IF(E
4<B14,0,F4*$B$16))
in cell H4 but this fails
E2 F2 G2
H2
Orders Invoice_Value May_Cum Commission
4 150000 850000 ?
Thanks in anticipation
John
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