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Calculating tiered commission based on plan name and amount
Posted on 2016-10-01
in the file, how do I set up formula so that depending on what plan is chosen e.g. CPVP and the amount of the sale a percentage is chosen? e.g. for plan CPVP and amounts 0 to 100000 for % commission is .06 (E4). For the plan FFVP it's .045 (E9). I've experimented with Vlookups (using true - which has given me the correct % for amounts ) and if functions (I tried if with the and function and vlookup but that didn't work) but I want it to be dynamic so that I can easily add plans etc. I'm suspecting some variety of Sumproduct...It's going to be linked to a list where people will be picking the list from a name. Thank you as always.
commission_calcs.xlsx
commission_calcs.xlsx
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7 Comments
Active today
I put the following formula in K3 and filled down.
=VLOOKUP(H3,INDIRECT("B" & MATCH(G3,$A$1:$A$13,0)&":E"&MATCH(G3,$A$1:$A$13,1)),4,1)
Active 5 days ago
Lookin' good :-). Now what tweak would I have to make if the formula itself was on a different sheet e.g. in the attached file I want to put the formula in the Commissions sheet (cell F4 but to reference the plan names and amounts from the lists sheet) . How do I tweak the Indirect function to show that? thank
EE-commission_calcs-02.xlsx
EE-commission_calcs-02.xlsx
Active today
You prefix the range cell address with the sheet name, followed by an exclamation mark.
It should resemble something like this:
It should resemble something like this:
=VLOOKUP(H3,INDIRECT("Commissions!B" & MATCH(G3,Commissions!$A$1:$A$13,0)&":E"&MATCH(G3,Commissions!$A$1:$A$13,1)),4,1)
Active 5 days ago
hm, I've amended the formula as per your suggestion (and tweaked the cell references to match) . See Commissions sheet F4...but still getting an N/A - what am I missing?
EE-commission_calcs-03.xlsx
EE-commission_calcs-03.xlsx
Active today
Your tables are still in the LIsts worksheet
=VLOOKUP(E4,INDIRECT("Lists!B" & MATCH(C4,Lists!$A$1:$A$13,0)&":E"&MATCH(C4,Lists!$A$1:$A$13,1)),4,1)
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