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Excel formula for calculating commission thresholds

  1. #1
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    10-17-2009
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    Excel 2003
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    Excel formula for calculating commission thresholds

    I'm trying to create a formula that will identify the relevant commission payment from a long list of sales figures.

    I have an established non-linear commission structure:
    Sales between:
    $0:$499 = $0 in commission
    $500:$999 = $75 in commission
    $1000:$1499 = $150 in commission
    $1500:$1999 = $200 in commission
    $2000:$3499 = $350 in commission
    $3500 = $650
    *sales exceeding $3500 receive $650 and 5% commission on all sales over $3500.

    I have tried looking on multiple forums, but nothing seems to work... does anyone have any ideas?

    Thanks in advance

  2. #2
    Forum Expert JBeaucaire's Avatar
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    03-21-2004
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    Bakersfield, CA
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    2010, 2016, Office 365
    Posts
    33,492

    Re: Excel formula for calculating commission thresholds

    Try this:

    =LOOKUP(A1,{0,500,1000,1500,2000,3500},{0,75,150,200,350,650}) + (MAX(0,A1-3500)*0.05)

    Red - sales tiers
    Blue - base commission tiers
    Green - additional commission if applicable
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