Good Afternoon Excel Gurus:
Bonus Worksheet.xlsx
I work for a homebuilder and have team members incentivized to each sale. I need a little help figuring out the formula to compute the total bonus. I've attached a sample with some dummy data (the real data will be exported automatically).
Through search I was able to find many examples pertaining to %s, but nothing like what I am looking for.
Thanks in advance for your help. I'm still an excel 101 user...
Many thanks,
Phillip
Assuming that 4 units is the maximum bonus
First insert a new row at the beginning of your bonus table for 0, $0
Then in C11 Copied to other cells
=VLOOKUP(B11, $B$2:$C$6,2)
Does that work for you?
ChemistB
My 2?
substitute commas with semi-colons if your region settings requires
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Just taking a guess at how the bonus table is applied.
Is this what you are looking for?
=IFERROR(VLOOKUP(B10,$B$2:$C$5,2,1),"")
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Thanks for the responses:
Its never until the first responses that you realize how vague your question was...
Sale 1 is worth $75, 2 is worth $100, 3 is worth $150, 4 and beyond is worth $250
So, 2 sales would be $175 ($75 + $100)
3 sales $225 ($75 + $100 + $150)
4 sales $475 ($75 + $100 + $150 + $250)
5 sales $725 ($75 + $100 + $150 + $250 + $250)
Etc....
Does that clarify?
Try this formula
=IF(B11<5, SUM($C$2:INDEX($C$2:$C$6, MATCH(B11, $B$2:$B$6,0))), SUM($C$2:$C$6)+ (B11-4)*250)
where you have inserted the 0 row in your bonus table as I suggested.
Last edited by ChemistB; 11-17-2014 at 04:05 PM.
Here is one way:
Formula:
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