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Commission Calculation

  1. #1
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    01-17-2007
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    Commission Calculation

    I am struggiling to come up with a commission formula that uses our varying commisson schedule. The formula needs to apply a commision rate based on a gross profit percentage. Our schedule is below. I need a formula that includes all these rules. I tried making it with if/than statments, but failed miserably. Can this be done? Any help would be much appreciated.

    Gross Profit % Commission Rate
    25% and > 0.2
    24 0.193
    23 0.186
    22 0.18
    21 0.172
    20 0.166
    19 0.16
    18 0.152
    17 0.146
    16 0.14
    15 0.133
    14 0.126
    13 0.12
    12 0.113
    11 0.107
    <=10 0.1

  2. #2
    Forum Contributor VBA Noob's Avatar
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    04-25-2006
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    xl03 & xl 07(Jan 09)
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    11,988
    Hi,

    Does this help

    =LOOKUP(A1,{0,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25},{0.1,0.107,0.113,0.12,0.126,0.133,0.14,0.146,0.152,0.16,0.166,0.172,0.18,0.186,0.193,0.2})

    VBA Noob
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  3. #3
    Forum Expert
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    You could also use VLOOKUP.
    Attached Files Attached Files

  4. #4
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    Thanks for the help

  5. #5
    Forum Contributor VBA Noob's Avatar
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    Your welcome

    VBA Noob

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