Formula for calculation based on multiple conditions

  • Thread starter Thread starter hforman
  • Start date Start date
H

hforman

Hi, I'm working on a payroll spreadsheet for use in Workers Compensatio
Premium Audits. For the purposes of workers comp, executive officer
have a minimum salary of $10,400, and a maximum of $52,000. So I woul
like to have a column of each officer's actual salary, then thei
adjusted salary in the next column.

Ex.
.....................actual.........adjusted
John Smith....$8,000.......$10,400
Sue Quinn.....$60,000.....$52,000
Jack Black.....$27,500.....$27,500

Is there any way to write a formula that says if a cell value is les
than a certain value, it equals one thing... if it's more than
certain value, it equals another thing... and if it is in between thos
values, it is as entered.

thank you
 
Assuming your salaries are in column b
=IF(b1<10400,10400,IF(b1>52000,52000,b1))
 

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