Variable function

[ESP Tom]

Hi,

I'm a sales manager that has a team with a variable rate of commission
They either make telesales or sales through an appointment. If they mak
more than £5000 in telesales their commision goes up from 5% - 10% o
their total sales. i.e. 0.05 x sum(telesale + appointment sales).

At the moment I use a referenced worksheet on my machiene that draws o
spreadsheets on the company file. I can programme the sheet to work ou
the percentage if it's set at 5% but is it possible to make it vary i
the telesales value goes above £10'000?

i.e. when telesales = £2000-£4999 then 0.05 x sum(telesale
appointment sales) but when telesales = >£5000 then 0.10 x sum(telesal
+ appointment sales

 

[Guest]

Tom

You can use the IF function to do this - best to put the commission rates in
reference cells so that you can change it easily. Something like
=IF(cellref>4999,cellref * commission rate,cellref * alternative commission
rate) Replace cellref and commission rate with relevant Cell References

HTH Sheila
www.c-i-m-s.com
MS Office training - London

 

[RagDyeR]

Check out this page of J.E. McGimpsey:

http://www.mcgimpsey.com/excel/variablerate.html

--

HTH,

RD
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Please keep all correspondence within the Group, so all may benefit!
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message
Hi,

I'm a sales manager that has a team with a variable rate of commission.
They either make telesales or sales through an appointment. If they make
more than £5000 in telesales their commision goes up from 5% - 10% of
their total sales. i.e. 0.05 x sum(telesale + appointment sales).

At the moment I use a referenced worksheet on my machiene that draws on
spreadsheets on the company file. I can programme the sheet to work out
the percentage if it's set at 5% but is it possible to make it vary if
the telesales value goes above £10'000?

i.e. when telesales = £2000-£4999 then 0.05 x sum(telesale +
appointment sales) but when telesales = >£5000 then 0.10 x sum(telesale
+ appointment sales)