Forum Discussion
Yousef70
Jul 12, 2020Brass Contributor
Nested If formula
Dears ... Kindly , need help with a complected nested IF formula to calculate commission as follows :- Daily , weekly , monthly basis 4 categories 5 to 6 parameters for each category Ea...
Detlef_Lewin
Jul 12, 2020Silver Contributor
My two cents.
The solution would probably end in having a helper table (or even more) and lookup functions or SUMIFS() to get the results.
- Yousef70Jul 12, 2020Brass ContributorKindly find attached a screenshot for the excel sheet , also , i will be adding details as follows :-
- My entry will be in cell AE33 formula at cell AE34 ( i will be entering a sales number )
- Total commission is 300 JD's divided into 4 categories as follows :-
- Sales at 70% of total commission( sales at 30000 JD's )
- Cash control over or short at 15% of total commission
- Internal consumption at 7.5% of tatal commission
- Destroyed goods control at 7.5% of total control
- In My opinion , one formula with all 5 parameters would work for all categories
- Let us take sales as it is the most important first parameter IF he achieves 84.999% and below from his daily sales he gets 0.000% from his sales commission ( daily sales at cell E34 his sales commission at cell G33 )
- Parameter 2 , IF he achieves 85% to 90% from his daily sales he gets 50% from his sales commission
- Parameter 3 , IF he achieves 90.001% to 95% from his daily sales he gets 80% from his sales commission
- Now the complex parameter 4 , IF he gets 95.001% to 100% from his daily sales , he gets same % accomplished ( for example , if he accomplishes 95.67% he gets it , any number between 95.001% and 100% he gets it as is )
- Another complex parameter 5 , IF he achieves 100.01% and above to a maximum 125% from his daily sales target , only the number above 100% will be double from his sales commission ( for example , if he achieves 102% only the 2% will 4% and calculated from his sales commission as extra effort
If this is doable , i will explain the other categoriesThanks in advance , looking forward to hearing from you - SergeiBaklanJul 12, 2020Diamond Contributor
For such cases I keep SUMPRODUCT() in mind, but doesn't matter - yes, most probably not IFS or like.