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Formulating commissions in excel

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trey.lindsey Formulating commissions in... 12-15-2014, 10:56 PM
boopathiraja Re: Formulating commissions... 12-16-2014, 03:12 AM
trey.lindsey Re: Formulating commissions... 12-16-2014, 11:02 AM
  1. #1
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    Formulating commissions in excel

    I am trying to set up a spreed sheet to help a company keep track of commissions that have a maximum payment on percentage to the company. The sales rep is on a 60/40 split until a "cap" is reached for the year. After the cap is reached the sales rep is on 100% commission until the beginning of the next year. There are two separate "caps" the company collects. One is a 40% spit of the deal until the company receives 23k. The other is a 3% split until the royalties division receives 3k

    I want to formulas to add up the appropriate commission from both sheets and if the amounts are <= the cap I want them to continue to display the returned value up to the maximum cap value. If the numbers go above the "cap" I want the formula to continue to accumulate a value until the cap is reached and then stop counting the values and show a value of "$0.00"

    In the picture you can see the formula for each column displayed in row 5. The two columns I am working on trying to under stand are F and G which reach their max commission to the company at 23k and 3k respectively.


    Commision Sheet.png

  2. #2
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    Re: Formulating commissions in excel

    Hi, Pl post the spreadsheet rather than the picture it will help us better to examine .
    Click just below left if it helps, Boo?ath?

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    Re: Formulating commissions in excel

    Attached is the spreadsheet for the question posed to the thread.
    Attached Files Attached Files

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