Forum Discussion
Calculating Mileage
Hi I am creating a template for expenses, when calculating Mileage for the first 10000 miles it is billed at £0.45 anything over 10000 is £0.25. I cant seem to figure out a formula that will work for this.
I need to calculate mileage at £0.45 for the first 10000 miles and after that I need to calculate any additional miles at £0.25. Where I have got to for now:
=IF(AND([@Description]="Mileage",L9<10000),[@Distance]*Table26[Mileage Allowance (<10000)],[@Distance]*Table26[Mileage Allowance (>10000)])
The difficulty I am having is stopping the previously calculated figures from updating with the new rate.
Any help would be much appreciated!!
8 Replies
- Perhaps, this is the formula you need:
=LOOKUP([@Distance],
{0,10000},
{0,4500}+([@Distance]-{0,10000})*{0.45,0.25})Twifoo , I guess it returns the same as JKPieterse formula, as I understood the question is in
then each subsequent entry after this would need to calculate at 0.25 as it is past the threshold of 10k
- If that is so, it would be easier if a Cumulative Distance column is added to the table.
- Does this fit your needs:
=IF([@Description]="Mileage",MIN([@Distance],10000)*Table26[Mileage Allowance (<10000)]+MAX(0,[@Distance]-10000)*Table26[Mileage Allowance (>10000)],0)Not quite, for example if I enter 10050 I need it to calculate the 10000 @0.45 and then the 50 @0.25, then each subsequent entry after this would need to calculate at 0.25 as it is past the threshold of 10k
JKPieterse wrote:
Does this fit your needs:
=IF([@Description]="Mileage",MIN([@Distance],10000)*Table26[Mileage Allowance (<10000)]+MAX(0,[@Distance]-10000)*Table26[Mileage Allowance (>10000)],0)Conor5283 , if it us assumed cumulative mileage, when for that sample
that could be
=IF([@Description]="Mileage", MIN(SUMIF(INDEX([Description],1):[@Description],"Mileage",INDEX([Distance],1):[@Distance]),10000)*$G$4+ MAX(0,SUMIF(INDEX([Description],1):[@Description],"Mileage",INDEX([Distance],1):[@Distance])-10000)*$G$5,0)
