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Help with monthly bonus calculation

  1. #1
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    Help with monthly bonus calculation

    Hi all,

    I'm looking for a formula that will sum up employee bonuses by month, and by department. The format of the spreadsheet is attached. I'm looking for formulas that will complete the yellow cells.

    Any help would be greatly appreciated!
    bonus calc.xlsx

  2. #2
    Forum Guru samba_ravi's Avatar
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    Re: Help with monthly bonus calculation

    D23=SUMPRODUCT(($B$5:$B$14=$A23)*(TEXT($C$5:$C$14,"MMYY")=TEXT(D$22,"MMYY"))*($D$5:$D$14))
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    Try the above and copy across
    Samba

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    Forum Expert shg's Avatar
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    Re: Help with monthly bonus calculation

    Or

    =SUMIFS($D$5:$D$14, $B$5:$B$14, $A23, $C$5:$C$14, ">=" & D$22, $C$5:$C$14, "<" & EDATE(D$22, 0))
    Last edited by shg; 07-01-2015 at 12:36 PM. Reason: Corrected edate(..., 1) to edate(..., 0)
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    Re: Help with monthly bonus calculation

    Or
    =SUMPRODUCT(--($B$5:$B$14=$A23),$D$5:$D$14, --(MONTH($C$5:$C$14)=MONTH(D$22)))
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  5. #5
    Forum Moderator Glenn Kennedy's Avatar
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    Re: Help with monthly bonus calculation

    I'll not bother with my solution - now you have plenty. Just note that there's a mistake in P22 - it refers to the wrong year!!

    It may be better to use =EOMONTH(D22,0)+1 in E22 and drag across, to set the dates...
    Glenn




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