Hi everyone! I'm new to the community.
I'm so glad I found this place since I'm terrible at excel (I got a B- in Excel in my computer class so I got the basics down).
I'm trying to figure out how to do a commission split structure formula excel sheet and hoping anyone can help.
For example (1):
$50.00
We take 10%, 15, or 20% commission off of it (But we'll use 10% for easier math)
=5.00
Then we do a 50/50 commission split between manager and company (But we can also do 60, 70, 80/40,30,20)
=2.5
Sometimes we'll have a facilitation fee which takes 5% off of the 5.00 commission we get off a job after we do the 50/50 split as seen here:
$50.00
-10% = 5.00
-50% split = 2.5
-5% = 0.25
-Company Cut = 2.25
If that all makes sense, I just want to be able to choose which commission split number goes into the box (or if you have to enter one at all) and enter an amount and get the net earnings of what it would be.
(if this all makes sense). Please see attached excel document.
Thanks in advanced for your help!!!
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