Hi all,

Could anyone help with this formula?

http://www.neilcarden.pwp.blueyonder...s%20scheme.xls

I want to work out the percentage of a salary based on a target achevied or not. Please have a look at the example.

If someone reaches 83% of target, then it falls into the 81-90% bracket and they receive 2% of their salary, which populates in the bonus acheived cell.

However if they acheive 93%, it falls under the 3% bracket etc...

Sound simple, but i can't fathom it out...

Thanks
Neil

Without looking at your link
=if(a190,3,if(a180,2,etc))

--
Don Guillett
SalesAid Software

"neilcarden" wrote in message
...

Hi all,

Could anyone help with this formula?

http://www.neilcarden.pwp.blueyonder...s%20scheme.xls

I want to work out the percentage of a salary based on a target
achevied or not. Please have a look at the example.

If someone reaches 83% of target, then it falls into the 81-90% bracket
and they receive 2% of their salary, which populates in the bonus
acheived cell.

However if they acheive 93%, it falls under the 3% bracket etc...

Sound simple, but i can't fathom it out...

Thanks
Neil


--
neilcarden

I looked at your example.

Format cells C8:C10 as percent so to correlate to the sales percent.
Title these as Minimum or whatever as a reminder. Only enter the
minimum needed for the bonus, don't enter a range.

Formula in cell H7 is then =VLOOKUP(G4,C8:D10,2)*D4

Without having the last argument (True or False) in the Vlookup the
table C8:D10 must be sorted ascending as the Vlookup will return the
value in the range D8:D10 that corresponds to the largest value in
C8:C10 that is less than the value found in cell G4.


--
DCSwearingen


------------------------------------------------------------------------
DCSwearingen's Profile: http://www.excelforum.com/member.php...o&userid=21506
View this thread: http://www.excelforum.com/showthread...hreadid=467483