Cumulative commission formula

[vmdnessa]

Hi,

I am working on a commission project. I have tiered commissions that I need to calculate weekly. And of course should an associate obtain 15 vs. 10 in week 3 they will start attaining a higher payout for 5 of those. I need a formula that will allow me to pull from the tiered commission table based on what's being entered manually into the weekly progress columns. And I need it to calculate cumulatively for weeks going forward so throughout the month as they progress closer to their monthly goals or for some teams quarterly goals the formula automatically adjusts.

Please let me know if you need more info. Thank you so much!

Salesperson	Whole Life	Term Life	W/e 5/7 Commission (current formula)
	1	1	=(IFS([@[Whole Life]]<=A$61,[@[Whole Life]]*C$61, AND(A$61<[@[Whole Life]],[@[Whole Life]]<=A$62),[@[Whole Life]]*C$62, AND(A$62<[@[Whole Life]],[@[Whole Life]]<=A$63),[@[Whole Life]]*C$63, AND(A$63<[@[Whole Life]],[@[Whole Life]]<=A$64),[@[Whole Life]]*C$64, AND(A$64<[@[Whole Life]],[@[Whole Life]]<=A$65),[@[Whole Life]]*C$65, A$66<=[@[Whole Life]],[@[Whole Life]]*C$66))+(IFS([@[Term Life]]<=A$61,[@[Term Life]]*I$61, AND(A$61<[@[Term Life]],[@[Term Life]]<=A$62),[@[Term Life]]*I$62, AND(A$62<[@[Term Life]],[@[Term Life]]<=A$63),[@[Term Life]]*I$63, AND(A$63<[@[Term Life]],[@[Term Life]]<=A$64),[@[Term Life]]*I$64, AND(A$64<[@[Term Life]],[@[Term Life]]<=A$65),[@[Term Life]]*I$65, A$66<=[@[Term Life]],[@[Term Life]]*I$66))
	1	1	132
	1	1	132
	1	1	132

Pulling from this table

Total Apps/Month	1st Fee
19
29
39
49
64
65

Thanks again so much for your help

 

[Dave Patton]

There are many examples on this forum of tiered formulas.
If you provide the brackets and rates, we can provide a formula.

A concise example with expected results can help. You can post an extract of your sheet with the forum's tool XL2BB.

You can review prior posts for ideas
One post that may help is

Help with SUMPRODUCT/Array Formula

Hi, I am building a spreadsheet that calculates tiered commissions for salespeople at my company. So far I have built my sheet so that it looks at each commission tier in a separate row and calculates the appropriate amount for that tier. Then, a simple sum at the bottom calculates the total...

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