[SOLVED] Mileage Log and Reimbursement Form with Split rates

Good day all you Excel gurus!


I've created a Mileage log and reimbursement form that tracks an employees annual mileage (in Canada, so should I say Kilometerage?? lol)
The company pays .52c per km up to and including 5000 kms and then pays .46c for the remainder.
The issue I'm running into is calculating when the kms break the 5000 threshold and some might pay at the .52 rate and the remainder pays at the .46. I've been mucking with this one for a while and tried quite a few variations I've found while surfing the web, none with the result I'm needing.
In order to make this easier for our controller to administrate in future, I've created a cell that will SUM total kms entered, and also set up Rate cells, that show the split. (see attachment)
My first attempt was the following:
=IF($E$4<=5000,I7*$H$4,I7*$J$4)
This works great below the 5000km threshold and above the 5000 km threshold, but doesn't calculate the split rate when your km are just below and just above the threshold.
Any ideas?

I am having a problem opening files at the moment (setting up a new machine), so i cant look at you're file. try something like this...

=if(a1<=5000,a1*.52,(a1-5000)*.46+2600)

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Thanks.

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