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Help! Tiered sales/bonus structure...

  1. #1
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    Help! Tiered sales/bonus structure...

    Hi,

    I am having trouble creating the formulas to this tiered bonus structure. Any help would be greatly appreciated!!

    The bonus structure is the following:


    Pot 1: 0 to 300,000 in sales = 3.0% bonus for a total of $9,000
    Pot 2: 300,000 to 600,000 in sales = 5.0% bonus for a total of $15,000
    Pot 3: 600,000 to 900,000 in sales = 7.0% bonus for a total of $21,000
    Pot 4: 900,000 to 1,200,000 in sales = 9.0% bonus for a total of $27,000

    The bonus amount is calculated per quarter and is cumulative. For example, if I produced sales in Q1 = $100,000, I would get $100,000 *.03 = $3,000 (all in Pot 1). If I then produced sales in Q2 = $300,000, that would make my total sales = $400,000. I would get the remaining amount in Pot 1 ($6,000) and some in Pot 2 (400,000-300,000) * .05 = $5,000.

    I am trying to build the formulas to calculate the bonus amounts by quarter for each Pot. Please see attached. Cells highlighed in grey need formulas. Any help would be greatly appreciated!!!

    Sale structure.xlsx
    Attached Images Attached Images

  2. #2
    Forum Guru Kaper's Avatar
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    Re: Help! Tiered sales/bonus structure...

    Start with C34:
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    and copy down
    of course for row 34 could be easier, because B5 is 0, but as we copy it down, we need reference to the beginning of each range
    Note that mixed addressing is used (either row relative column absolute or vice versa).
    if we copy it right we will notice that the amaunts already used from given pot shall be substracted.
    so formula for D34 shall look like:
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    it can be copied down and to right to the end of table
    if the range B34:B37 is empty we can use unified version of the formula - for C34:
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    so just this one and copy both down and right - it is used in the attachment.
    Attached Files Attached Files
    Best Regards,

    Kaper

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