Forum Discussion
Commission Calculation totals
Hello! I am working on a spreadsheet for calculating my call list and commissions. I am having trouble because there are different commission structures based on the rev type and outlet also, agency has a complicated formula in its self.
Example:
Rev Type=Direct
Outlet= Digital
Commission=.06%
Total spend= $12,000
Equals= $720
Example 2:
Rev Type=Agency
Outlet= TV
Commission=(.85%*Total spend)*(.06%)
Total spend= $12,000
Equals= (.85%*12,000)*(.06)=$612
So depending on the Rev Type and the Outlet I have a different commission structure. I want to be able to put in what ever my client is spending monthly, total that up and then have the commission calculate the correct formula pending the rev type and the outlet type.
Rev Types:
New to TV | 20% |
New Business | 15% |
Digital | 6% |
Direct | 13% |
Agency | (.85*x10)*(.06) |
Outlet Types:
TV |
Digital |
MeTV |
I have tried using the Nested IF, VLookup, and XLookup but I am having no luck!
Here is the table I am looking to work with:
First Name | Last Name | Phone | Status | Last Follow Up | Notes | Stage | Rev Type | Outlet | January | February | March | April | May | June | July | August | September | October | November | December | Total | Commission | ||
Direct | TV | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 12000 |
I should just confirm that your output table is an Excel Table (with or without the jolly stripes). The fact that your field names comprise multiple words makes the syntax slightly more complex, but it should come up correctly simply by clicking the target cell.
= LOOKUP( 1, 1 / ( tblC3[Revenue Type] = [@[Revenue Type]]) / ( tblC3[Outlet] = [@Outlet]), tblC3[Total part] * [@[Total spend]] * tblC3[Commission %] )
The thing to note that if an additional square bracket appears, it should have a corresponding closing bracket.
From the sample it's not clear how Commission depends on Outlet type. Do you have any formal logic?
- kds81596Copper ContributorHi Sergei,
yes so depending on the rev type and outlet depends on the commission percentage. Below is the breakdown
Revenue Type Outlet Comission % Comments
New to TV WDSU 20%
New Business WDSU 15%
Direct WDSU 13%
Agency WDSU ((.85*total)*(.06)) Formula to get to the percentage
New Business MeTV 20%
Direct MeTV 13%
New Agency MeTV ((.85*total)*(.10)) Formula to get to the percentage
Agency ((.85*total)*(.6)) Formula to get to the percentage
Digital (total8*06) Formula to get to the percentage- kds81596Copper Contributor