+ Reply to Thread
Results 1 to 1 of 1

Net Commission based on 3 Tiers with Commission Cap

  1. #1
    Registered User
    Join Date
    11-29-2013
    Location
    USA
    MS-Off Ver
    Excel 2003
    Posts
    6

    Net Commission based on 3 Tiers with Commission Cap

    Hi everyone,

    I am on the final stages of building my commission worksheet and I would like to thank etaf and Ace_XL for helping me out so far. I am running into one issue that I can't get past; hopefully this forum can help me complete it!

    Attached is my current worksheet. The purpose of this worksheet is to take the Gross Commission for each sale and spread it across the commission tiers. When the listing is a referral (Yes in column K), the amount of Net Commission that applies to the tier is capped at $3,000 total (between this sale and all previous referrals). If it is not a referral, it follows the normal schedule.

    Column H contains the main formula which determines what commission % should be applied. It takes into account the commissions that spread two tiers. Super long formula but follows the same structure. My issue is incorporating the cap into this formula. I have a cap formula in column L, but I cannot use it in column H because it is a circular reference.

    If anyone can give me a hand I would be very grateful.

    Thanks in advance,

    Mike
    Attached Files Attached Files

+ 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. Help with sales commission based on percentage
    By hitech357 in forum Excel Formulas & Functions
    Replies: 13
    Last Post: 11-25-2013, 02:02 PM
  2. Step based commission formula
    By miamiadjuster in forum Excel Formulas & Functions
    Replies: 6
    Last Post: 01-17-2013, 01:07 PM
  3. Commission Tiers
    By scottma in forum Excel General
    Replies: 4
    Last Post: 01-30-2012, 11:23 PM
  4. Profit based on COG and commission
    By [email protected] in forum Excel - New Users/Basics
    Replies: 2
    Last Post: 09-08-2011, 06:28 AM
  5. [SOLVED] calculate commission $ based on total sold and commission percent
    By blondeindenver in forum Excel Programming / VBA / Macros
    Replies: 1
    Last Post: 07-05-2005, 10:05 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