Results 1 to 5 of 5

If Conditions for slab target - URGENT

Threaded View

  1. #1
    Registered User
    Join Date
    05-12-2015
    Location
    Chennai
    MS-Off Ver
    MS Office for MAC 2011
    Posts
    5

    Exclamation If Conditions for slab target - URGENT

    I have a following requirement to calculate incentive for my team that has slab and percentage. The requirement has 5 conditions -
    Condition 1: If Resource 1 monthly target < 0, then Resource should get 0 incentive
    Condition 2: If Resource 1 monthly target = target, then Resource should get paid 5% on target
    Condition 3: If Resource 1 monthly target > target, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000
    Condition 4: If Resource 1 monthly target > 2,00,000, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000 + 15% on the amount upto 3,00,000
    Condition 5: If Resource 1 monthly target > 3,00,000, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000 + 15% on the amount upto 3,00,000 + 20% on the balance above 3,00,000

    The formula that is currently used is (See Column H) -
    =IF(G4<0,0,(IF(E4>200000,((D4*5%)+(G4*10%)+((E4-200000)*15%)),((D4*5%+(G4*10%))))))

    This formula has to be tweaked to satisfy condition 3,4,5. Am testing a formula (See Column I). It works good for conditions 1,4,5 but no for 2 & 3.
    Attached is the sheet for your reference.

    Thanks in advance.
    Attached Files Attached Files

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. [SOLVED] If Conditions to calculate slabs - URGENT
    By manojsamuel2003 in forum Excel Formulas & Functions
    Replies: 5
    Last Post: 05-14-2015, 06:31 AM
  2. Multiple conditions within Worksheet_SelectionChange(ByVal Target As Range)
    By brunces in forum Excel Programming / VBA / Macros
    Replies: 8
    Last Post: 06-25-2014, 09:01 PM
  3. [SOLVED] Urgent!! Vlookup on conditions - [sample now added]
    By PWinkz in forum Excel Formulas & Functions
    Replies: 6
    Last Post: 02-14-2013, 01:12 PM
  4. Replies: 5
    Last Post: 05-03-2005, 12:06 AM
  5. SUM based on multiple conditions - SORRY, URGENT!!!
    By marika1981 in forum Excel Formulas & Functions
    Replies: 4
    Last Post: 02-18-2005, 10:06 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1