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-   -   Formula designed to reimburse employees up to a certain amt? (https://www.excelbanter.com/excel-worksheet-functions/18294-formula-designed-reimburse-employees-up-certain-amt.html)

ddhawks

Formula designed to reimburse employees up to a certain amt?
 
I am working on a reimbursement spreadsheet for our company's dental plan. I
need to find out how to set it up to pay up to a certain amount. For
example, if somene turns in a claim for $550, and we only pay $400, how do I
set up that formula?
Thanks!

N Harkawat

=min(a1,400)
where A1 is the cell that holds the claim value

"ddhawks" wrote in message
...
I am working on a reimbursement spreadsheet for our company's dental plan.
I
need to find out how to set it up to pay up to a certain amount. For
example, if somene turns in a claim for $550, and we only pay $400, how do
I
set up that formula?
Thanks!





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