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Table to work out take home pay from total commission

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    Table to work out take home pay from total commission

    Hello All,

    Just after a bit of help as I cant get my head round how to set this up.

    I want to create a table showing take home pay from commission earnt

    The difficulty being the commission percentage isn't flat, from 0 to 15000 the sales person earns 5%, from 15001 to £35000 the sales person earns 10% and anything above this the sales person earns £20%.

    For example,

    comms of 45,000
    0-15000 5% = ?750
    15001- 35000 10% = ?2000
    35001-45000= 20% 2000
    Total take home 4750

    Any ideas how to set this table up?

    Thanks in advance

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    Re: Table to work out take home pay from total commission

    Are you still using Excel 2004 for Mac???

    There are instructions at the top of the page explaining how to attach your sample workbook (yellow banner: HOW TO ATTACH YOUR SAMPLE WORKBOOK). Screenshots are of little practical use as we cannot manipulate them.

    A good sample workbook has just 10-20 rows of representative data that has been desensitised. It also has expected results mocked up, worked examples where required, relevant cells highlighted and a few explanatory notes.
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    Re: Table to work out take home pay from total commission

    I'm not using Excel mac 2004, I'm on Microsoft 365 these days, time for a much needed profile update!

    I've attached the workbook showing how I think (and would like) it to look. Comms Summary.xlsx

    Thanks in Advance

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    Re: Table to work out take home pay from total commission

    One way:

    =IF(C10>0,750,0)+IF(C10>15000,2000,0)+IF(C10>35000,2000,0)

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    Re: Table to work out take home pay from total commission

    I think that's part of it and you've definitely got me in the right direction.

    I think I need 3 separate if functions on c 12,13 and 14 then to add them up in c15. I'm just not sure exactly how to write the last 2.

    First one is
    =IF($C$10<750,750,$C$10*0.05)

    for the next two rows I need to isolate the amounts from 15001 to 35000
    and 35,000+

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    Re: Table to work out take home pay from total commission

    $C$10*0.05
    Why? Where does this come from? What aren't you telling us?

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    Re: Table to work out take home pay from total commission

    Maybe in C12:

    =LET(v,VSTACK(IF(C10>0,750,0),IF(C10>15000,2000,0),IF(C10>35000,2000,0)),VSTACK(v,SUM(v)))
    Attached Files Attached Files

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    Re: Table to work out take home pay from total commission

    Ah! YOu forgot to put the percentages in the workbook!!! No wonder I'm confused!!!

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    Re: Table to work out take home pay from total commission

    if the commission is less than 15000 the times that amount by 5% to show total comms.
    So if the generated 13000 in sales their take home would be £650.

    Just spotted 2 mistakes I made in the above formula. if should read if c10 is greater than 15000 not 750 and I;ve got more than and less than wrong
    =IF($C$10>15000,750,$C$10*0.05)

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    Re: Table to work out take home pay from total commission

    Try this:

    =LET(v,VSTACK(IF(C10>0,15000*0.05,0),IF(C10>15000,(35000-15000)*0.1,0),IF(C10>35000,(C10-35000)*0.2,0)),VSTACK(v,SUM(v)))
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    Re: Table to work out take home pay from total commission

    99.9% of the way there thanks very much, Just having a play round with it so see if I can figure the last bit out

    THanks for all your help

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    Re: Table to work out take home pay from total commission

    What's the lat bit? What aren't you telling us? It's 100% of the way there based on what you've shared.

    This???

    =LET(a,--TEXTAFTER(B12,"-"),b,--TEXTBEFORE(B14,"+"),v,VSTACK(IF(C10>0,a*0.05,0),IF(C10>a,(b-a)*0.1,0),IF(C10>b,(C10-b)*0.2,0)),VSTACK(v,SUM(v)))

    Glad to have helped.

    If that takes care of your original question, please choose Thread Tools from the menu link above and mark this thread as SOLVED.

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    Last edited by AliGW; 08-23-2023 at 08:00 AM.

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    Re: Table to work out take home pay from total commission

    I'm confused here now as I cant get the answer to change.
    Have a look at the attached, assuming the sales person generates over £35k of business then it works fine.
    However when they generate less than that the numbers are not correct.
    On the attached c12 should display 5% of 1000 and c26 should show 10% of 1000

    Comms Summary DQa.xlsx

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    Re: Table to work out take home pay from total commission

    Good spot!

    Try this:

    =LET(a,--TEXTAFTER(B12,"-"),b,--TEXTBEFORE(B14,"+"),v,VSTACK(IF(C23>0,a*0.05,0),IF(C23>a,(MIN(C23,b)-a)*0.1,0),IF(C23>b,(C23-b)*0.2,0)),VSTACK(v,SUM(v)))

    Or:

    =LET(a,--TEXTAFTER(B12,"-"),b,--TEXTBEFORE(B14,"+"),v,VSTACK(IF(C23>0,a*A25,0),IF(C23>a,(MIN(C23,b)-a)*A26,0),IF(C23>b,(C23-b)*A27,0)),VSTACK(v,SUM(v)))

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    Re: Table to work out take home pay from total commission

    How are we doing? Any further questions?

    Thanks for the rep.

    If that takes care of your original question, please choose Thread Tools from the menu link above and mark this thread as SOLVED.

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    Re: Table to work out take home pay from total commission

    This is more complex than I realised.

    I'm not sure this works though (or I cant get it to work at least).
    How do I include B13? the 15 to 35k?

    I don't seem to be able to get this to work if c10 is sub £35k.

    Have a look and see were I'm going wrong

    Comms Summary DQb.xlsx

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    Re: Table to work out take home pay from total commission

    Here you go:

    =LET(a,--TEXTAFTER(B12,"-"),b,--TEXTBEFORE(B14,"+"),v,VSTACK(IF(C10>0,MIN(C10,a)*A12,0),IF(C10>a,(MIN(C10,b)-a)*A13,0),IF(C10>b,(C10-b)*A14,0)),VSTACK(v,SUM(v)))

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    Re: Table to work out take home pay from total commission

    Are we OK now???

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    Re: Table to work out take home pay from total commission

    I see you've marked it as solved.

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