Commission Per Sale + Tiers

TradieMike

New Member
Joined
Feb 11, 2020
Messages
3
Office Version
  1. 365
Platform
  1. MacOS
Hi Guys,

I was hoping you'd be able to help me with a formula to calculate monthly commissions for my team.

My team are paid per sale with the amount of commission increasing at different tiers.

0-5 sales = $0 per sale
6-55 sales = $25 per sale
56+ sales = $50 per sale

55 would equal to 100% of target and would result in $1,250 commision and then ever sale after that is worth $50 so for example if the achieve 56 sales then their total commission would be $1,300.

So what I'm looking for (if possible) is a formula that would allow me to just enter the amount of sales next to the agent (as show below) and it do that calculation for me.

Screen Shot 2020-02-12 at 2.51.10 PM.png


Any help would be appreciated.

Cheers,
Mike
 

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Hi TradieMike,

Does this do it for you?

Book1
BCD
2Commission Table
3Sales TiersTier MinimumPayout Rate Per Sale
40-50$0
56-556$25
656+56$50
7
8
9Sales AmountPayout
10Agent 181$3,200
11Agent 247$1,050
12Agent 358$1,475
13Agent 462$1,775
14Agent 555$1,250
Sheet1
Cell Formulas
RangeFormula
D10:D14D10=(MAX(C10-($C$6-1),0)*$D$6)+(MAX(C10-($C$5-1),0)*$D$5)
 
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Thank you guys, you're life savers.
I would go with the formula that AhoyNC posted as there are anomalies in the other formulas.
Book1
BCDEF
3Sales TiersTier Minimum
40-500
56-55625
656+5650
7
8Payout
9Sales Amount
10Agent 181320025502550
11Agent 24710502251050
12Agent 358147514001400
13Agent 462177516001600
14Agent 5551250251250
15Agent 65000
Sheet3
Cell Formulas
RangeFormula
D10:D15D10=(MAX(C10-($C$6-1),0)*$D$6)+(MAX(C10-($C$5-1),0)*$D$5)
E10:E15E10=IF(C10<6,0,IF(C10<56,(56-C10)*25,1250+((C10-55)*50)))
F10:F15F10=SUMPRODUCT(--(C10>({5,55})),(C10-{5,55}),{25,25})
 
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Hello Mark858. Yes rB and rDiff are named ranges.

I thought the Named Ranges would show on the post but I did not check.
I removed the Names.

Book1
ABCD
1Commission Table
2Tier MinPayout Rate Per SaleRate Diff
300.000.00
4525.0025.00
55550.0025.00
6
7
8Sales AmountCommission
9Agent 1812,550.002,550.00
10Agent 2471,050.001,050.00
11Agent 3581,400.001,400.00
12Agent 4561,300.001,300.00
13Agent 5551,250.001,250.00
14Agent 650.000.00
3a
Cell Formulas
RangeFormula
D3:D5D3=C3-N(C2)
C9:C14C9=SUMPRODUCT(--(B9>$A$3:$A$5),(B9-$A$3:$A$5),$D$3:$D$5)
D9:D14D9=(B9>5)*(B9-5)*25+(B9>55)*(B9-55)*25
 
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