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cannot calculate formulas correctly for commissions

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  1. #1
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    Join Date
    10-30-2012
    Location
    south carolina
    MS-Off Ver
    Excel 2010
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    12

    cannot calculate formulas correctly for commissions

    hello,

    i am new to excel and i happened to stumble upon this mecca of excel help! glad to be here.

    my dilemma revolves around accurately calculation each salesman's commission based off of several factors:

    inventory type:
    SR Broker
    SR Inventory
    Corp. Inventory
    Corp. Broker

    i use the first sheet, USA to enter the data. if sales rep. sells a machine that is a SR Broker or SR Inventory, i use a drop down to mark machine sold in USA and consult the subtotal (column X) on sheet 2, USA CALCULATIONS. i then need to consult the table found in $F$3:$G$11 in VARIABLES, sheet 3.

    each salesmen listed in column F and his specific % is listed next to him in column G.

    if a salesman sells a Corp. Inv. or Corp. Broker piece of machinery, salesman gets a flat fee based off of the net sales (which i call subtotal) the subtotal reflects all expenses involved.
    if column X<= 3999.99 = $500
    <= 5999.99 = $1000
    >= 6000.00 = $1500

    this is the current formula our it guy made for us but it is not calculating correctly.
    =IF(ISERROR((IF(C3="Corp Inventory",((IF((AA3-X3)>1999.99,IF((AA3-X3)<4000,500,"0"),"0"))+(IF((AA3-X3)>3999.99,IF((AA3-X3)<6000,1000,"0"),"0"))+(IF((AA3-X3)>5999.99,IF((AA3-X3)<40000000,1500,"0"),"0"))),IF(C3="SR Inventory",((AA3-X3)*VLOOKUP(AF3,VARIABLES!$F:$G,2,FALSE)),0)))),0,((IF(C3="Corp Inventory",((IF((AA3-X3)>1999.99,IF((AA3-X3)<4000,500,"0"),"0"))+(IF((AA3-X3)>3999.99,IF((AA3-X3)<6000,1000,"0"),"0"))+(IF((AA3-X3)>5999.99,IF((AA3-X3)<40000000,1500,"0"),"0"))),IF(C3="SR Inventory",((AA3-X3)*VLOOKUP(AF3,VARIABLES!$F:$G,2,FALSE)),0)))))


    another column is called MF Commission column Q. i need to construct a formula in this column that does the following: this guy gets 10% on all SR Broker/SR Inventory sold machines.
    if it is Corp. Inv./Corp. Broker he gets 20%. at the end of the year he gets a 1% bonus based off of the gross sales.

    this is the formula for the MF column and it is not calculating correctly, either.

    =IF(AF3="Blake",(0),IF(AF3="Mike",(0),(IF(ISERROR((IF(C3="Corp Inventory",((AA3-X3)*20%),IF(C3="SR Inventory",((AA3-X3)*10%),0)))),0,((IF(C3="Corp Inventory",((AA3-X3)*20%),IF(C3="SR Inventory",((AA3-X3)*10%),0))))))))


    note: blake is owner so he may sell machines, but he does not have a commission rate.

    any help would be greatly appreciated. below i have attached a sample of our chart with formulas.

    thank you!
    Attached Files Attached Files

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