+ Reply to Thread
Results 1 to 8 of 8

Calculating different fees

  1. #1
    Registered User
    Join Date
    08-29-2019
    Location
    Norway
    MS-Off Ver
    2019
    Posts
    3

    Calculating different fees

    Hello,

    My first post here.

    I want to calculate the fee for zoning of a property, and the council operates with this matrix for the fee obove 5 000 sqm. Lets say I have 35 000. What is the most rational way of calculating this?

    The fee per sqm is:
    5 001 - 15 000 = 1$ per sqm
    15 001 - 30 000 = 0.5$ per sqm
    30 001 and above = 0.3 per sqm

    Thanks in advance, and sorry for not explaining this very rationally, English in my second language.

  2. #2
    Forum Expert Sam Capricci's Avatar
    Join Date
    06-14-2012
    Location
    Palm Harbor, Florida
    MS-Off Ver
    16.84 for Mac MS 365
    Posts
    8,499

    Re: Calculating different fees

    easiest way would be this... =IF(A1< 15001,A1*1,IF(A1< 30001,A1*0.5,IF(A1>30000,A1*0.3,"")))
    there are others too.

    ALSO, if you are concerned about if it deals with less than 5000 but greater than 0 and you don't wan it to, then change to this...
    =IF(A1< 5000,"",IF(A1< 15001,A1*1,IF(A1< 30001,A1*0.5,IF(A1>30000,A1*0.3,""))))
    Last edited by Sam Capricci; 08-29-2019 at 07:54 AM.
    Make contributors happy, click on the "* Add Reputation" as a way to say thank you.
    Sam Capricci

  3. #3
    Registered User
    Join Date
    08-29-2019
    Location
    Norway
    MS-Off Ver
    2019
    Posts
    3

    Re: Calculating different fees

    Thanks for the fast reply!

    The problem is that the fees stacks. So the first 5000 sqm costs 10 000$ flat. Then in the interval 5001 - 15 000 costs 1$ per sqm. So if you max that its 9 999$. Then you stack on the 15 001 - 30 000 interval. And so on.

  4. #4
    Forum Expert Sam Capricci's Avatar
    Join Date
    06-14-2012
    Location
    Palm Harbor, Florida
    MS-Off Ver
    16.84 for Mac MS 365
    Posts
    8,499

    Re: Calculating different fees

    Can you give a couple examples, like 3998 sqm cost, then 7885 sqm and 16280 sqm and 37700 sqm?
    I have actual work I'm doing for my employer now so I may be gone for a while but providing those can help someone else who might have the time.
    thx.

  5. #5
    Forum Expert Pepe Le Mokko's Avatar
    Join Date
    05-14-2009
    Location
    Belgium
    MS-Off Ver
    O365 v 2402
    Posts
    13,447

    Re: Calculating different fees

    Try the differential rates technique

  6. #6
    Registered User
    Join Date
    08-29-2019
    Location
    Norway
    MS-Off Ver
    2019
    Posts
    3

    Re: Calculating different fees

    Yes, no problem!

    The cost for 3998 sqm would be $10 000, since anything below 5000 sqm is charged with $10 000
    The cost for 7885 sqm would be $10 000 (for the first 5000 sqm) + $2885 ((7885-5000) * $1) = $12 885
    The cost for 16 280 sqm would be $10 000 (for the first 5000 sqm) + $10 000 ((15 000-5001) * $1) + $640 ((16 280 - 15 000) * $0.5) = $20 640
    The cost for 37 700 sqm would be $10 000 (for the first 5000 sqm) + $10 000 ((15 000-5001) * $1) + $7 500 ((30 000 - 15 000) * $0.5) + $2310 ((37 700-30 001)* $0.3 = $29 810

    I could of course make a table where every single value between 1sqm and 50 000+ sqm have been calculated and used VLOOKUP, but I find that rather meaningless and very space consuming

  7. #7
    Forum Expert Pepe Le Mokko's Avatar
    Join Date
    05-14-2009
    Location
    Belgium
    MS-Off Ver
    O365 v 2402
    Posts
    13,447

    Re: Calculating different fees

    Have you checked the link provided in post #5 ?

  8. #8
    Forum Expert Sam Capricci's Avatar
    Join Date
    06-14-2012
    Location
    Palm Harbor, Florida
    MS-Off Ver
    16.84 for Mac MS 365
    Posts
    8,499

    Re: Calculating different fees

    I don't know if you've gotten the answer you want based on the link Pepe gave you and I've had some troubles getting a sumproduct formula to work but instead for now, I worked out this if then formula which returns the values you indicated...
    =IF(A1<=5000,10000,IF(AND(A1>5000,A1< 15001),10000+(A1-5000)*1,IF(AND(A1>15000,A1< 30001),10000+(15000-5000)*1+(A1-15000)*0.5,IF(A1>30000,(10000+(15000-5000)*1+(30000-15000)*0.5+(A1-30000)*0.3),""))))
    of course change the commas to semicolons depending on your formula needs AND point it to your values if they are not in A1.
    see what you think.

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. calculating incentive fees
    By OmarHamza in forum Excel Formulas & Functions
    Replies: 6
    Last Post: 02-23-2016, 07:54 AM
  2. Calculating Late Fees?
    By Michael_S in forum Excel Formulas & Functions
    Replies: 4
    Last Post: 07-07-2015, 02:37 AM
  3. Calculating parking fees, commission, etc
    By dragomirage9 in forum Excel General
    Replies: 3
    Last Post: 07-17-2012, 03:29 AM
  4. Replies: 6
    Last Post: 06-08-2012, 11:28 AM
  5. Calculating interest with late fees
    By importantverbs in forum Excel Formulas & Functions
    Replies: 4
    Last Post: 09-16-2011, 08:41 PM
  6. calculating fees from hours and minutes
    By tinytots in forum Excel Formulas & Functions
    Replies: 2
    Last Post: 11-19-2005, 01:29 PM
  7. calculating course fees
    By TDI-GUY in forum Excel - New Users/Basics
    Replies: 1
    Last Post: 02-14-2005, 03:06 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1