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Tiered Commission calculation Macro

  1. #1
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    Tiered Commission calculation Macro

    Does anyone know how to set up a macro that can calculate commisions based on a tiered system. For example, between $0 and $10, the rate is .02, between $10.01 and $20, the rate is .06, over $20.01 - the rate is .0675.

    I have a spread sheet that calculates my sales on a monthly basis and applies a flat % for commissions but i never took into account the highier rates for over quota. The spreadsheet works great except for calculating accelerators that kick in once you achieve certain threshholds.

    Thanks in advance!!

  2. #2
    Forum Expert shg's Avatar
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    Re: Tiered Commission calculation Macro

    How about just a formula?

    =SUMPRODUCT( (A1>{0,10,20}) * (A1-{0,10,20}) * {2,4,0.75}/100)
    Entia non sunt multiplicanda sine necessitate

  3. #3
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    Re: Tiered Commission - see attached template

    See attached for a template that should work (feel free to adapt).
    Attached Files Attached Files
    Last edited by DonkeyOte; 04-08-2011 at 03:25 AM. Reason: removed commercial info.

  4. #4
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    Re: Tiered Commission calculation Macro

    Thanks for this, just what I was looking for.

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