Nov 05 2021 08:51 AM
Hi all,
I'm looking for any functions or formulas that can help calculate commission % points based on a $ goal.
Ex:
Goal = $1000
100% to goal = 5% rate
97.5 to 99.9% of goal = 4% rate
95 to 97.4 of goal = 3% rate
etc, etc.
Any help would be greatly appreciated! Thank you
Nov 05 2021 09:17 AM
Perhaps with goal in A1 and achieved result in B1:
=MIN(MAX(ROUNDDOWN((B1/A1-0.9)/2.5,2),0),0.04)
Format the cell with the formula as a percentage.
Nov 05 2021 09:42 AM
Solution
An alternative solution would be to use a table and VLOOKUP as I've done in the attached sample sheet.
Using a table enables you to change the rate very readily, without altering the formula.
Nov 05 2021 09:42 AM
Solution
An alternative solution would be to use a table and VLOOKUP as I've done in the attached sample sheet.
Using a table enables you to change the rate very readily, without altering the formula.