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calculate the total commissions

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  1. #1
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    calculate the total commissions

    Need help with setting the correct formula.

    Column A (Starting Revenue)
    Column B (Increase Revenue)
    Column C (Reduce Revenue)
    Column D (New Business)

    I need a formula in Column F that would calculate the total commissions earned based on the following createria:

    6% on Starting Revenue
    3% on Reduce Revenue
    12% on Increae Revenue
    12% on New Business

    N.B:
    If there is a figure in Column A & C, then the formula should only calculate using Column A-Column C*3%.
    If there is a figure in Column A & B, then the formula should be based on the values of on both columns (6% on Column A + 12% on Column B)
    If there is a figure in only Column D, then the formula should be column D*12%

    I have this formula in column E =(A1)*6% + (B1)*12% + (C1)*12% + (D1)*3%

    With this formula it works well for everything except the Column C as it returning to values, that of Column C (3%) plus that of column A (6%). I need it to return on the 3%.

    Please help.

    Thank you in advance

    Angus

  2. #2
    Forum Expert Simon Lloyd's Avatar
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    Looks like you need a nested IF statement:
    look here for explanation How to use nested IF's
    Not all forums are the same - seek and you shall find

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