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Expense S/S with tiered rates and minimums

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  1. #1
    Registered User
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    12-03-2007
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    Expense S/S with tiered rates and minimums

    Hi All,

    New to this forum and would appreciate some help with the below.
    Need to create a s/s with tiered expense charges and minimums.

    0-100m @ .05%
    100m-250m @ .04%
    250m-500m @ .03%
    500+ @ .02%

    I also need to incorporate a minimum annual charge of 30,000 into this calculation.

    Thanks in advance for any help.

  2. #2
    Forum Expert oldchippy's Avatar
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    Excel 2007 (Home)
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    Hi arhurdaly,

    Welcome to the forum, may be this previous link will help?

    http://www.excelforum.com/showthread.php?p=1814919
    oldchippy
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  3. #3
    Registered User
    Join Date
    12-03-2007
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    Hi Oldchippy,

    That works fine but I was wondering if there is a formulae which would do the calculation based off the rates etc.

    I will need to calculate this daily and retain the historical data.

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