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Multiple Condition Formula to calculate a final figure

  1. #1
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    Multiple Condition Formula to calculate a final figure

    I am having trouble with what is turning out to be a pretty complex formula to come up with a percentage in a cell…..

    Here is what I am looking at. This is for a commission compensation plan bonus field. The formula for how the person gets paid a bonus however, has a number of conditions. I am going to lay out the cells involved to see if anyone can shed some light on it for me. I am decent at excel but this formula would take me forever to decipher and I know there is an easier way than I am thinking.

    In HUMAN language here is what I am trying to accomplish for a result in Cell M43

    The Figures I am trying to come up with are bonus figures based on the following criteria.


    No matter what… IF F43 is less than 90% then M43 is always 0

    BUT…
    IF F43 is >=90% the following needs to be calculated….

    IF D43 = “BRONZE” and I43 is between 80 and 90 percent then M43=200
    IF D43 = “BRONZE” and I43 is between 90 and 100 percent then M43=300
    IF D43 = “BRONZE” and I43 is 100 percent or more then M43=400

    IF D43 = “SILVER” and I43 is between 80 and 90 percent then M43=400
    IF D43 = “SILVER” and I43 is between 90 and 100 percent then M43=600
    IF D43 = “SILVER” and I43 is 100 percent or more then M43=800

    IF D43 = “GOLD” and I43 is between 80 and 90 percent then M43=800
    IF D43 = “GOLD” and I43 is between 90 and 100 percent then M43=1200
    IF D43 = “GOLD” and I43 is 100 percent or more then M43=1600

  2. #2
    Forum Moderator jeffreybrown's Avatar
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    Re: Multiple Condition Formula to calculate a final figure

    Maybe,

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    Last edited by jeffreybrown; 07-11-2012 at 08:36 PM.
    HTH
    Regards, Jeff

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    Re: Multiple Condition Formula to calculate a final figure

    My take, not fully tested

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    Re: Multiple Condition Formula to calculate a final figure

    How about a hybrid (not fully tested)

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    Re: Multiple Condition Formula to calculate a final figure

    @jeff... Good question. The 90 is in a different cell. They have to reach 90 I'm that cells metrics to qualify for the bonus structure that the other cell is calculating. Basically. If they don't hit 90 percent of their individual goal than they don't qualify for the store manager bonuses

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    Re: Multiple Condition Formula to calculate a final figure

    @Cutter and Jeff. This works, the only thing I am trying to figure out is, if the item in I43 is LESS than .8, I would like it to return a zero rather than a #N/A Thanks

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    Re: Multiple Condition Formula to calculate a final figure

    I figured that one out! Thanks for all your help, both of you!!

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    Re: Multiple Condition Formula to calculate a final figure

    This solution works!

  9. #9
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    Re: Multiple Condition Formula to calculate a final figure

    Two choices...

    Formula: copy to clipboard
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    or

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    Note: The first choice only works with 2007+

  10. #10
    Forum Moderator jeffreybrown's Avatar
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    Re: Multiple Condition Formula to calculate a final figure

    You are most welcome. We are both glad to help and thanks for the feedback

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