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If Conditions for slab target - URGENT

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    Exclamation If Conditions for slab target - URGENT

    I have a following requirement to calculate incentive for my team that has slab and percentage. The requirement has 5 conditions -
    Condition 1: If Resource 1 monthly target < 0, then Resource should get 0 incentive
    Condition 2: If Resource 1 monthly target = target, then Resource should get paid 5% on target
    Condition 3: If Resource 1 monthly target > target, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000
    Condition 4: If Resource 1 monthly target > 2,00,000, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000 + 15% on the amount upto 3,00,000
    Condition 5: If Resource 1 monthly target > 3,00,000, then Resource should get paid 5% on target + 10% of the amount upto 2,00,000 + 15% on the amount upto 3,00,000 + 20% on the balance above 3,00,000

    The formula that is currently used is (See Column H) -
    =IF(G4<0,0,(IF(E4>200000,((D4*5%)+(G4*10%)+((E4-200000)*15%)),((D4*5%+(G4*10%))))))

    This formula has to be tweaked to satisfy condition 3,4,5. Am testing a formula (See Column I). It works good for conditions 1,4,5 but no for 2 & 3.
    Attached is the sheet for your reference.

    Thanks in advance.
    Attached Files Attached Files

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    Re: If Conditions for slab target - URGENT

    Your last two conditions are not able to understand. What is target amount? and what is 15% on the amount upto 3,00,000

    Regards,
    Suhas
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    Re: If Conditions for slab target - URGENT

    Your formulas seem to switch between what amount was made above the target. Column D is the target. Is E their actuals that need to be compared to the target? In that case the first person exceeded their target.
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    Re: If Conditions for slab target - URGENT

    My bad, let me elaborate -
    Column D is the SET/Defined/Standard target for every resource by the business.
    Column E is the Target Achieved by the resource. This service target is a consolidated amount both the target achieved 'at-work' and 'bridal', hence column F & G
    Column F can be ignored for the purpose of our discussion (This is column to distinguish the service done only 'at-work'
    Column G is identifier. It calculates & displays if the resource is less or more than his 'Service target at-work' = 'balance'

    Please let me know if you need more clarity.

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    Re: If Conditions for slab target - URGENT

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