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Working Out Sales Incentives Based on Three Different Criteria

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    Working Out Sales Incentives Based on Three Different Criteria

    Hi Everyone,

    I am in a job related to sales where we use Excel in a different ways to analyze our daily, weekly & monthly Sales, Now i am making a format for weekly Sales Analysis in which i include Incentives details as well on the basis of Trend on month closing now we have 3 different Slabs to earn Incentives which i mentioned in three different columns starts from 90%, 90.00% - 94.99% with different rate per pack sold, 95.00% - 99.99% different rate per pack sold & on 100.00% & Above different rate per pack sold, Now what i want let me give Example:

    Product------Trend-------90.00% - 94.99%---------95.00% - 99.99%------100.00% & Above-------Final Incentive
    A---------------92%-----------100---------------------------150-------------------------250------------------------?
    B---------------85%-----------Not Eligible------------------Not Eligible---------------Not Eligible---------------?
    C---------------102%----------100--------------------------150-------------------------250------------------------?

    I want final Incentive which pick automatically by using condition & criteria according to trend, I hope i am able to make you understand what i want..




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    Last edited by ArhamShahbaz; 06-16-2022 at 02:52 PM.

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    Re: Sales Incentive Calculations

    Administrative Note:

    Welcome to the forum.

    We would very much like to help you with your query, however the thread title does not really convey what your request is about. Tell us what you are trying to do, not how you think it should be done.

    Please take a moment to amend your thread title. Make sure that the title properly explains your request. Your title should be explicit and not be generic (this includes function names used without an indication of what you are trying to achieve).

    Please see Forum Rule #1 about proper thread titles and adjust accordingly. To edit the thread title, open the original post to edit and then click on Go Advanced (bottom right) to access the area where you can edit your title.

    (Note: this change is not optional. Because you are new to this forum, I have made this change for you today. Please read the forum rules you agreed to when you joined this forum)
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    Re: Sales Incentive Calculations

    Thanks Alan but did you understand what i explain in it with example?

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    Re: Sales Incentive Calculations

    Can anyone help??

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    Re: Sales Incentive Calculations

    You were asked to improve your thread title. Instructions are in post #2 above.

    I suggest you change your title to this: "Working Out Sales Incentives Based on Three Different Criteria".

    Do this now, please. Thanks.
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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Title Changed, Now please someone come with possible reply..
    Last edited by AliGW; 06-16-2022 at 04:40 PM. Reason: PLEASE don't quote unnecessarily!

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    There are instructions at the top of the page explaining how to attach your sample workbook.

    A good sample workbook has just 10-20 rows of representative data that has been desensitised. It also has expected results mocked up, relevant cells highlighted and a few explanatory notes.

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Here I attached sample workbook in column "O" i tried to apply formula but it`s not working correctly let me explain what i want to do:
    H5 cell is the condition if H5 < 90% then not eligible, if H5 > 90% and < 94.99% then choose value in L5, if H5 > 95% and < 99.99% then choose value in M5, if H5 > 100% then choose value in N5, all formula will be apply in O5
    Attached Files Attached Files
    Last edited by AliGW; 06-18-2022 at 06:27 AM. Reason: PLEASE don't quote unnecessarily!

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Try O5=IF(H5>=100%,N5,IF(H5>=95%,M5,IF(H5>=90%,L5,"Not Eligible")))

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Awesome 👍 it's working ☺️

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    If that takes care of your original question, please select Thread Tools from the menu link above and mark this thread as SOLVED.

    Also, if you have not already done so, you may not be aware that you can thank those who have helped you by clicking the small star icon (* Add Reputation) located in the lower left corner of the post in which the help was given. By doing so you can add to the reputation(s) of all those who offered help.

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    =O5+AC5+AQ5+BE5+BS5+CG5 but ans #VALUE! because some of cells contain alphabets, How to resolve?
    Actually i want this:

    =O5+AC5+AQ5+BE5+BS5+CG5 answer divide by 6 multiply by 1.3, but the cells which i am going to Plus, some cells contain alphabets and some cells contain numbers

    Please explain the formula in cell CR5

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Use SUM to sum up: =SUM(O5,AC5,AQ5,BE5,BS5,CG5)/6*1.3

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Quote Originally Posted by josephteh View Post
    Use SUM to sum up: =SUM(O5,AC5,AQ5,BE5,BS5,CG5)/6*1.3
    Didn`t work this time because cells which i am going to Sum few of them contains alphabets like "Not Eligible" it gives me #VALUE! Error

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    Re: Working Out Sales Incentives Based on Three Different Criteria

    Please attach your workbook showing the error.

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