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I want a formula to calculate commission based on if an accumulation of months has met a threshold, I have one that is (IF(SUM(Accumulation)

Solved by O. W. in 20 mins

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Excelchat Expert
11/08/2017 - 04:21

For instance, a sample data we can work on?

User
11/08/2017 - 04:21

I can add some data

User
11/08/2017 - 04:25

That is how I have it now, but I want the 600 to be split between the fee so 500 gets the 20% and the 100 only gets the 5

User
11/08/2017 - 04:25

And I want it to be based off the threshold input so if it changes

Excelchat Expert
11/08/2017 - 04:27

So, if I am getting this correctly, it is 500+750+100(from the 600)

Excelchat Expert
11/08/2017 - 04:27

Which fulfilled the threshold?\

User
11/08/2017 - 04:28

Yes

User
11/08/2017 - 04:28

But I want it to be flexible so I change the threshold to 1450 it would take 200 times the 5%

Excelchat Expert
11/08/2017 - 04:28

So anything after the third value is also going to get the 20%?

User
11/08/2017 - 04:29

Yes anything above the thershold gets the 20%

Excelchat Expert
11/08/2017 - 04:29

Entering Explanation Phase

Excelchat Expert
11/08/2017 - 04:30

Alright, so for your requirement, what I am thinking is to add some cells which will handle some calculations.

Excelchat Expert
11/08/2017 - 04:30

Let me try something first

Excelchat Expert
11/08/2017 - 04:38

Alright, so from here, we can create formulas which will take into account the part where the collections went higher than the threshold.

Excelchat Expert
11/08/2017 - 04:39

You can maintain the same formula that you have, but we can add a modification.

Excelchat Expert
11/08/2017 - 04:40

If the timer runs out, please feel free to repost and ask for Exp_Oly.

User
11/08/2017 - 04:40

Ok

Excelchat Expert
11/08/2017 - 04:40

But we can continue oin this link for now

Excelchat Expert
11/08/2017 - 04:40

https://docs.google.com/spreadsheets/d/1Hft3XTEDgT1yAYqTor8Ep_IrPkFLErO_U517EBt0G5w/edit#gid=0

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