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Commission Calculation using Sumifs

  1. #1
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    Smile Commission Calculation using Sumifs

    Need help calculating commissions. I'm thinking I can use the SUMIFS function. For example, there is a commission range of $$0-$200,000 is 35%; $201,000-$300,000 is 40%; $300,001-$400,000 is 45% and so on. I need to be able to calculate when the % changes as the gross profit is earned. I've attached my spreadsheet to assist.

    Thanks!
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  2. #2
    Forum Guru MarvinP's Avatar
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    Re: Commission Calculation using Sumifs

    Hi tsummers2,

    It might be a lot easier to use a VLookup table. When the last argument is set to true is gives the last row that worked. See the attached with yellow fill for the example.
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    Forum Guru DonkeyOte's Avatar
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    Re: Commission Calculation using Sumifs

    tsummers2, note we have several question forums - please choose the appropriate forum.

    thread moved from Outlook to Excel: Worksheet Functions

  4. #4
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    Re: Commission Calculation using Sumifs

    Another interesting technique uses "differential rates", the final formula being
    Please Login or Register  to view this content.
    see the reddish zone for details in the attached file - You can name the ranges if needed or/and make them dynamic etc..

    Not being proficient in 2007 I didn't use SUMIFS, but I suppose it can be done without difficulty

    PS if needed replace the ; by , in the formula to account for regional settings
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  5. #5
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    Re: Commission Calculation Template - Tiered Commission Rates based on Sales

    I will attach a commissions calculator spreadsheet for tiered commissions rates (paid on sales or revenues).
    Attached Files Attached Files
    Last edited by DonkeyOte; 04-09-2011 at 01:23 AM. Reason: removed commercial info.

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