Home |
Search |
Today's Posts |
#1
Posted to microsoft.public.excel.misc
|
|||
|
|||
Nested IF statements
I am trying to calculate a graduated bonus using IF statements. My problem
is that it only recognizes the criteria for the last IF statement. =IF((B25-D25)<12000,0,IF((B25-D25)12000<15000,((D25-J25)-12000)*0.25,IF((B25-D25)15000<17000,((B25-D25)-15000)*0.3+(3000*0.25),IF((B25-D25)17000,((B25-D25)-17000)*0.35+(3000*0.25)+2000*0.3)))) If production - sales < $12000 then $0 bonus If production - sales $12000< $15000 then 25% over $12000 If production - sales $15000 < $17000 then 30% over $15000 If production - sales $17000 then 35% How do I get the formula to stop at the lower limits of the criteria. Now it just gives me a FALSE answer for anything under $17000. Thanks for your help!! NancyB |
#2
Posted to microsoft.public.excel.misc
|
|||
|
|||
Nested IF statements
See this:
http://mcgimpsey.com/excel/variablerate.html -- Biff Microsoft Excel MVP "NancyB" wrote in message ... I am trying to calculate a graduated bonus using IF statements. My problem is that it only recognizes the criteria for the last IF statement. =IF((B25-D25)<12000,0,IF((B25-D25)12000<15000,((D25-J25)-12000)*0.25,IF((B25-D25)15000<17000,((B25-D25)-15000)*0.3+(3000*0.25),IF((B25-D25)17000,((B25-D25)-17000)*0.35+(3000*0.25)+2000*0.3)))) If production - sales < $12000 then $0 bonus If production - sales $12000< $15000 then 25% over $12000 If production - sales $15000 < $17000 then 30% over $15000 If production - sales $17000 then 35% How do I get the formula to stop at the lower limits of the criteria. Now it just gives me a FALSE answer for anything under $17000. Thanks for your help!! NancyB |
#3
Posted to microsoft.public.excel.misc
|
|||
|
|||
Nested IF statements
This part does not work
((B25-D25)12000<15000 you need an and to do something like that and(B25-D2512000, B25-D25<15000) That being said you can simplify something like this =IF(B25-D25 < 12000, 0, IF(B25-D25 < 15000, "12 - 15", IF(B25-D25 < 17000, "15 - 17", "Over 17"))) -- HTH... Jim Thomlinson "NancyB" wrote: I am trying to calculate a graduated bonus using IF statements. My problem is that it only recognizes the criteria for the last IF statement. =IF((B25-D25)<12000,0,IF((B25-D25)12000<15000,((D25-J25)-12000)*0.25,IF((B25-D25)15000<17000,((B25-D25)-15000)*0.3+(3000*0.25),IF((B25-D25)17000,((B25-D25)-17000)*0.35+(3000*0.25)+2000*0.3)))) If production - sales < $12000 then $0 bonus If production - sales $12000< $15000 then 25% over $12000 If production - sales $15000 < $17000 then 30% over $15000 If production - sales $17000 then 35% How do I get the formula to stop at the lower limits of the criteria. Now it just gives me a FALSE answer for anything under $17000. Thanks for your help!! NancyB |
#4
Posted to microsoft.public.excel.misc
|
|||
|
|||
Nested IF statements
Somwhere there is a J25 mentioned...
You need to replace IF((B25-D25)12000<15000 with And(). ..if you write the formula in an order you dont need to mention both the conditions. If value is more than 12000 then only it goes into the next IF statement... =If((B25-D25)<12000,TRUE,IF((B25-D25)<15000,TRUE,IF((B25-D25)<17000,TRUE) If this post helps click Yes --------------- Jacob Skaria "NancyB" wrote: I am trying to calculate a graduated bonus using IF statements. My problem is that it only recognizes the criteria for the last IF statement. =IF((B25-D25)<12000,0,IF((B25-D25)12000<15000,((D25-J25)-12000)*0.25,IF((B25-D25)15000<17000,((B25-D25)-15000)*0.3+(3000*0.25),IF((B25-D25)17000,((B25-D25)-17000)*0.35+(3000*0.25)+2000*0.3)))) If production - sales < $12000 then $0 bonus If production - sales $12000< $15000 then 25% over $12000 If production - sales $15000 < $17000 then 30% over $15000 If production - sales $17000 then 35% How do I get the formula to stop at the lower limits of the criteria. Now it just gives me a FALSE answer for anything under $17000. Thanks for your help!! NancyB |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
Nested IF statements | New Users to Excel | |||
Nested IF statements | Excel Worksheet Functions | |||
Nested if statements - is there a better way? | Excel Worksheet Functions | |||
Help with Nested If Statements | Excel Discussion (Misc queries) | |||
I want to use more than 7 nested if then statements | Excel Worksheet Functions |