C
Cliff Partridge
I want to model revenue projections for salespeople and I'm having
some trouble.
A B C D E F
1 Revenue
2 Compensation Hire Date 2005 2006 2007 2008
3 $100K 06/01/2005 $8,333 $158,333 $258,333 $300,000
4
Revenue Variables:
First 6 months = 0% of Comp
Second 6 months = 100% of Comp
Second 12 months = 200% of Comp
Third 12 months + = 300% of Comp
I want formulas in cells C3:F3 to calculate the revenue based on hire
date and revenue variables.
(I entered the correct revenue numbers for the example in row 4 to
help with formula creation)
As you can see in row 3, the 2005 calculation will have 6 months of no
revenue and 1 month of revenue at 100% of the person's total
compensation. 2006 will have 5 months at 100%, and 7 months at 200%
of comp. Then 2007 will be 5 months at 200% of comp, and 7 months at
300% of comp. Finally 2008 will be at 300% of compensation.
I would like the formulas to work no matter what Hire Date is entered
in year 2005-2008.
I've tried several variables of DATEDIF and IF formulas to no avail.
I get stuck when I have to pick up a partial period like the example
above (calculating how much of a variable period was calculated
last year etc.); if everything was a neat 6 months all the time, it
would be pretty easy.
Thanks for your help.
cp
some trouble.
A B C D E F
1 Revenue
2 Compensation Hire Date 2005 2006 2007 2008
3 $100K 06/01/2005 $8,333 $158,333 $258,333 $300,000
4
Revenue Variables:
First 6 months = 0% of Comp
Second 6 months = 100% of Comp
Second 12 months = 200% of Comp
Third 12 months + = 300% of Comp
I want formulas in cells C3:F3 to calculate the revenue based on hire
date and revenue variables.
(I entered the correct revenue numbers for the example in row 4 to
help with formula creation)
As you can see in row 3, the 2005 calculation will have 6 months of no
revenue and 1 month of revenue at 100% of the person's total
compensation. 2006 will have 5 months at 100%, and 7 months at 200%
of comp. Then 2007 will be 5 months at 200% of comp, and 7 months at
300% of comp. Finally 2008 will be at 300% of compensation.
I would like the formulas to work no matter what Hire Date is entered
in year 2005-2008.
I've tried several variables of DATEDIF and IF formulas to no avail.
I get stuck when I have to pick up a partial period like the example
above (calculating how much of a variable period was calculated
last year etc.); if everything was a neat 6 months all the time, it
would be pretty easy.
Thanks for your help.
cp