Forum Discussion
Proper IF function - I can't figure this one out
I am trying to figure out a revenue projection and I can't figure this one out. I collect a % of my sales person's commission but IF they reach $12,000 in commission paid I stop collecting the % ...
Does an If statement work here, such that if your commission > $12,000, take the original value?
Here's a formula I put together in C2: =IF(A2*B2 > 12000, A2, A2+(A2*B2)) where I have the sale in A2 and a commission percentage in B2.
If the total commission is > 12,000, then C2 is just the original sale without commission. If the total commission is < 12,000, then I add the original sale + commission amount (A2 * B2).
I tried that but it did not work. Here's a screenshot. In the highlighted cell I am trying to take the $29700 x the company split (that's easy enough) but have it max out at $12,000. So, in the pic below, The commission is F26 and the company split is C37