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Help needed with IF formulas please

  1. #1
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    Question Help needed with IF formulas please

    Hi,

    I am looking for an IF formula which would allow to automatically allocate a commission depending the grand total of the quote. depending on how big the quote is, the commission increase according to a table. and we currently have to input by hand. I am pretty someone very smart in here will find us a way to do this automatically.

    if the quote value is between £0 and £150 then no commission
    between £151 and £500 then £15
    between £501 and £1000 then £30

    any ideas on how to do this?

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    Forum Expert cbatrody's Avatar
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    Re: Help needed with IF formulas please

    Hi,

    Welcome to the forum.

    Try the following IF formula:

    Please Login or Register  to view this content.
    OR,

    try with LOOKUP:

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    Last edited by cbatrody; 10-30-2017 at 04:44 PM.

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    Forum Guru MarvinP's Avatar
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    Re: Help needed with IF formulas please

    Hi FC67 and welcome to the forum,

    I believe a VLookup using the last argument as TRUE is what you really need to learn.

    Read this site to understand what I'm saying..

    https://www.excelcampus.com/function...st-match-true/
    One test is worth a thousand opinions.
    Click the * Add Reputation below to say thanks.

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    Re: Help needed with IF formulas please

    thanks a lot cbatrody. I ll try the first one. I only put three lines of our table but it carries on for another 3 or 4 other larger commission. am I ok to just carry on the sequence with the comma and brackets? can you just let me what the speech marks are for, why two? is it related to the two sub formulas by any chance?

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    Re: Help needed with IF formulas please

    thanks marvin, ill also have a look at this link tmrw

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    Re: Help needed with IF formulas please

    thanks cbatrody, I managed to add more if rules and it worked. thanks a million

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    Re: Help needed with IF formulas please

    You are welcome

    If that takes care of your question, please mark this thread as Solved by selecting Thread Tools --> Mark thread as solved.

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    Re: Help needed with IF formulas please

    hi cbatrody again, I set up the formula you gave me yesterday and it worked a treat within our excel quote sheet. This cell is also part of SUM formula for the total and it works fine. Now I tried to set up a simple formula to the cell next to it

    =A2*1.2

    to add 20% to the commissions which will be the amount sold to the client. And this cell is also part of a SUM formula but this time excel flag it up as a circular reference, I don't understand. I checked on google and I understand that a formula cannot include its own cell but it is not the case...is there anyway around that?

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    Re: Help needed with IF formulas please

    it is ok I found a way. thanks

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