IF conditions returning a % sum

V

VonHelson

New Member
Joined
Nov 13, 2018
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15
So I'm creating a spreadsheet to track commission pay-out across multiple pools of business. I want to minimize the risk of my staff doing the % sum themselves but I cant figure out how to use the =IF function. The problem I have is that the commission is different based upon what is sold. For example, if Product A is sold = 1.5% commission and if product B is sold = 3% commission.

I've created a list of products using data validation with the dropdown spread across cells F6 - F57. Reading up I believe that it would be an IF function so =IF(F6=ProductA but I cant figure out how to get the formula to then say "If product A is selected in cell F6, divide the figure in E6 by 1.5% and show the results in G6. Would I then need a new formula for each product to say If product B is selected in cell F6, divide the figure in E6 by 3% and show the results in G6.

Any assistance would be greatly appreciated
 

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see if you can get this works for you


Book1
ABCDEFG
1ProductCommission
2A11.00%
3A21.50%
4A32.00%
5A42.50%SaleProductCommission
6A53.00%1000A1370
7A63.50%
8A74.00%
9A84.50%
10A95.00%
11A105.50%
12A116.00%
13A126.50%
14A137.00%
15A147.50%
16A158.00%
17A168.50%
18A179.00%
19A189.50%
20A1910.00%
21A2010.50%
22A2111.00%
23A2211.50%
24A2312.00%
25A2412.50%
26A2513.00%
Sheet1
Cell Formulas
RangeFormula
G6=E6*VLOOKUP(F6,A2:B26,2,FALSE)
 
Upvote 0
AlanY said:
see if you can get this works for you

ABCDEFG
ProductCommission
A1
A2
A3
A4SaleProductCommission
A5A13
A6
A7
A8
A9
A10
A11
A12
A13
A14
A15
A16
A17
A18
A19
A20
A21
A22
A23
A24
A25

<colgroup><col style="width: 25pxpx"><col><col><col><col><col><col><col></colgroup><thead>
</thead><tbody>
[TD="align: center"]1[/TD]

[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]2[/TD]

[TD="align: right"]1.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]3[/TD]

[TD="align: right"]1.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]4[/TD]

[TD="align: right"]2.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]5[/TD]

[TD="align: right"]2.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]6[/TD]

[TD="align: right"]3.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]1000[/TD]

[TD="bgcolor: #E2EFDA, align: right"]70[/TD]

[TD="align: center"]7[/TD]

[TD="align: right"]3.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]8[/TD]

[TD="align: right"]4.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]9[/TD]

[TD="align: right"]4.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]10[/TD]

[TD="align: right"]5.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]11[/TD]

[TD="align: right"]5.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]12[/TD]

[TD="align: right"]6.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]13[/TD]

[TD="align: right"]6.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]14[/TD]

[TD="align: right"]7.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]15[/TD]

[TD="align: right"]7.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]16[/TD]

[TD="align: right"]8.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]17[/TD]

[TD="align: right"]8.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]18[/TD]

[TD="align: right"]9.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]19[/TD]

[TD="align: right"]9.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]20[/TD]

[TD="align: right"]10.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]21[/TD]

[TD="align: right"]10.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]22[/TD]

[TD="align: right"]11.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]23[/TD]

[TD="align: right"]11.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]24[/TD]

[TD="align: right"]12.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]25[/TD]

[TD="align: right"]12.50%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]26[/TD]

[TD="align: right"]13.00%[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

</tbody>
Sheet1​

[TABLE="width: 85%"]
<tbody>[TR]
[TD]Worksheet Formulas[TABLE="width: 100%"]
<thead>[TR="bgcolor: #DAE7F5"]
[TH="width: 10"]Cell[/TH]
[TH="align: left"]Formula[/TH]
[/TR]
</thead><tbody>[TR]
[TH="width: 10, bgcolor: #DAE7F5"]G6[/TH]
[TD="align: left"]=E6*VLOOKUP(F6,A2:B26,2,FALSE)[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[/TR]
</tbody>[/TABLE]
Click to expand...

I see what your going for but the problem I've got is that the spreadsheet is to be used by our finance team to reconcile pay-outs. As such we need to track the sheet on a monthly basis. What I've created looks like this -

[TABLE="width: 734"]
<colgroup><col><col><col></colgroup><tbody>[TR]
[TD][TABLE="width: 500"]
<tbody>[TR]
[TD]Product
[/TD]
[TD]Product Pool
[/TD]
[TD]Commission
[/TD]
[/TR]
[TR]
[TD]£20,000.00
[/TD]
[TD]Pool1
[/TD]
[TD]£300.00
[/TD]
[/TR]
[TR]
[TD]£38,000.00
[/TD]
[TD]Pool3
[/TD]
[TD]£1140.00
[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]In this example, the product value in cell 1 is £20,000.00. The product is tied to the business pool1 which carries a commission rate of 1.5% etc

In the product pool column I've created a dropdown box to cover our 5 pools of business so I need to figure out how to automate the commission calc based on those 5 pools so our finance guys can pull the commission off their daily reporting and refer back to the tracker sheet in order to reconcile the amounts and approve the pay-out.
[/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
</tbody>[/TABLE]
 
Upvote 0
may be I didn't quite get your requirements.

Formula in G6 (and copy down to G7 etc) will lookup the product pool in F6 and read up the % from the commission table in $A$2:$B$6 and multiple the product in E6 to yield the commission in G6.


Book1
ABCDEFG
1ProductCommission
2Pool11.50%
3Pool22.00%
4Pool32.50%
5Pool43.00%ProductProduct PoolCommission
6Pool53.50%£20,000.00Pool1£300.00
7£38,000.00Pool4£1,140.00
Sheet1
Cell Formulas
RangeFormula
G6=E6*VLOOKUP(F6,$A$2:$B$6,2,FALSE)
 
Upvote 0
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