Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Jen
 
Posts: n/a
Default commission spreadsheet

Hello, I am trying to update my new commission structure and I am stumped on
this last section, which is new. The new structure is that any commission
made over $5000 is only paid out at 50% and everything between 0 - $5,000 is
paid out at 100%.

This portion of my spreadsheet looks like this:

Estimated Commission = all commission paid out

Less Windfall (Paid at 50% past $5,000) = anything over 5000 gets paid out
at 50%. for example, if the estimated commission was 10,000, this section
would say 2,500

Total estimated commission = Estimated Commission - Windfall

I tried =IF(E187,602,E18*0.5), but that didn't work.

Can anyone help me??


  #2   Report Post  
JE McGimpsey
 
Posts: n/a
Default

One way:

Total estimated commission: =(E18 + MIN(E18,5000))*0.5



In article ,
Jen wrote:

Hello, I am trying to update my new commission structure and I am stumped on
this last section, which is new. The new structure is that any commission
made over $5000 is only paid out at 50% and everything between 0 - $5,000 is
paid out at 100%.

This portion of my spreadsheet looks like this:

Estimated Commission = all commission paid out

Less Windfall (Paid at 50% past $5,000) = anything over 5000 gets paid out
at 50%. for example, if the estimated commission was 10,000, this section
would say 2,500

Total estimated commission = Estimated Commission - Windfall

I tried =IF(E187,602,E18*0.5), but that didn't work.

Can anyone help me??

  #3   Report Post  
Jen
 
Posts: n/a
Default

Wow, you rock! Thank you so much for your help!! :)

"JE McGimpsey" wrote:

One way:

Total estimated commission: =(E18 + MIN(E18,5000))*0.5



In article ,
Jen wrote:

Hello, I am trying to update my new commission structure and I am stumped on
this last section, which is new. The new structure is that any commission
made over $5000 is only paid out at 50% and everything between 0 - $5,000 is
paid out at 100%.

This portion of my spreadsheet looks like this:

Estimated Commission = all commission paid out

Less Windfall (Paid at 50% past $5,000) = anything over 5000 gets paid out
at 50%. for example, if the estimated commission was 10,000, this section
would say 2,500

Total estimated commission = Estimated Commission - Windfall

I tried =IF(E187,602,E18*0.5), but that didn't work.

Can anyone help me??


Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Spreadsheet Dilemma msbates2004 Excel Discussion (Misc queries) 1 May 27th 05 02:55 AM
Scan and copy cells from one spreadsheet to another. Mark Excel Discussion (Misc queries) 1 April 6th 05 06:45 PM
Some exported records do not show on spreadsheet vulcan88 Excel Worksheet Functions 0 March 30th 05 01:11 AM
Help with Commission forumlas asdfasdf Excel Worksheet Functions 6 November 15th 04 05:28 PM
Calculating commission schedule (will pay for help!) bootsy Excel Worksheet Functions 1 October 28th 04 05:09 AM


All times are GMT +1. The time now is 11:56 AM.

Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004-2024 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"