Help Required with Formula for Sales Comissions Please!

aston

New Member
Joined
Apr 29, 2011
Messages
8
Hi,

I wondered if anyone would be kind enough to help me please? I am getting very stressed trying to work out how to do this! I am trying to devise a spreadsheet in Excel for a sales consultant in my team. He has a sales threshold of £16,875 before he makes any commission. Once he hits this figure, I want him to be paid different percentages for his billings in excess of £16,875 based on the following bandings.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p>

Anything in excess of £16,875 and up to £20,250 10%
Anything in excess of £20,250 and up to £21,937.50 15%
Anything in excess of £21,937.50 20%<o:p></o:p>

Is there a formula that can do this?<o:p></o:p>
Thank you very much for your help.<o:p></o:p>
Aston
 

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