Forum Discussion
Excel Formula
mathetes The formula I have for accrued time is hours worked multiplied by 0.025.
ex: 80:00*0.025=2:00
ex: 75:00*0.025=1:52
ex: 63:39*0.025=1:35
ex: 90:00*0.025=2:15 **but would like to cell to read 2:00
**The max accrued per paycheck is 2:00. If an employee worked 90hrs they will still only accrue 2:00.
If I enter my formula for 90hrs into excel it would be 90:00*0.025=2:15. But as stated they are only allowed to accrue 2:00 per check. There for I would like that cell to read 2:00.
I have the cells set up as followed;
F1 - hours worked
G1 - hours accrued (which currently has the formula, F1*0.025) and would like this cell to have a max total of 2:00 but to be able to show totals under 2:00.
Please let me know if that explanation was any better.
Thanks for your help!
If you don’t have a recent version of Excel, needed for the LET function, you could use this as an alternative
=MIN(2, F1*.025)
Thank you, though for a far more thorough explanation.