Any help would be greatly appreciated. I have figured out everything, but there is a slight curveball now.
Here is the situation:
If the DEAL GROSS is a positive number and FINANCE is a positive, then the max finance Commission that can be awarded 5% of Finance, not to exceed 100.
However, if DEAL GROSS is less than 0, then the max Finance Comm that can be awarded is 5%, not to exceed 25.
The current formula for Finance Comm is: =MIN(100,(O1*0.05)) I somehow need to add =MIN(25,(if M2 is <0)
I cannot figure out how to get the formula to do both! HELP PLEEEEASE!
M N O P
[TABLE="width: 310"]
<colgroup><col span="3"><col></colgroup><tbody>[TR]
[TD]Deal Gross[/TD]
[TD]Comm[/TD]
[TD]Finance[/TD]
[TD]Comm[/TD]
[/TR]
[TR]
[TD]2500.00[/TD]
[TD]625.00[/TD]
[TD]8000.00[/TD]
[TD="align: right"]100.00[/TD]
[/TR]
[TR]
[TD]-1250.00[/TD]
[TD]100.00[/TD]
[TD]1200.00[/TD]
[TD="align: right"]60.00[/TD]
[/TR]
</tbody>[/TABLE]
Here is the situation:
If the DEAL GROSS is a positive number and FINANCE is a positive, then the max finance Commission that can be awarded 5% of Finance, not to exceed 100.
However, if DEAL GROSS is less than 0, then the max Finance Comm that can be awarded is 5%, not to exceed 25.
The current formula for Finance Comm is: =MIN(100,(O1*0.05)) I somehow need to add =MIN(25,(if M2 is <0)
I cannot figure out how to get the formula to do both! HELP PLEEEEASE!
M N O P
[TABLE="width: 310"]
<colgroup><col span="3"><col></colgroup><tbody>[TR]
[TD]Deal Gross[/TD]
[TD]Comm[/TD]
[TD]Finance[/TD]
[TD]Comm[/TD]
[/TR]
[TR]
[TD]2500.00[/TD]
[TD]625.00[/TD]
[TD]8000.00[/TD]
[TD="align: right"]100.00[/TD]
[/TR]
[TR]
[TD]-1250.00[/TD]
[TD]100.00[/TD]
[TD]1200.00[/TD]
[TD="align: right"]60.00[/TD]
[/TR]
</tbody>[/TABLE]