I am using the following formula to round costs to fit into their relevant fee structure.
=IF($G68<250000,ROUNDUP($G68,-4),IF($G68<1000000,MROUND(ROUNDUP($G68,-4),50000),IF($G68<1400000,MROUND(ROUNDUP($G68,-4),50000),IF($G68<1600000,MROUND(ROUNDUP($G68,-5),100000),MROUND(ROUNDUP($G68,-5),200000)))))
For example, if the cost is £315,000 I need it to round to £350,000 so that it can find the fee for a £350,000 house in a standardised fee sheet. However, this is not rounding. Instead it is rounding down to £300,000.
As you can see the fee sheet scales in different ways as the costs increase, hence why I have set the formula as such. However, need to understand why it is rounding down not up and also if there is an easier way to do this?
Seems to be working for all other figures.
=IF($G68<250000,ROUNDUP($G68,-4),IF($G68<1000000,MROUND(ROUNDUP($G68,-4),50000),IF($G68<1400000,MROUND(ROUNDUP($G68,-4),50000),IF($G68<1600000,MROUND(ROUNDUP($G68,-5),100000),MROUND(ROUNDUP($G68,-5),200000)))))
For example, if the cost is £315,000 I need it to round to £350,000 so that it can find the fee for a £350,000 house in a standardised fee sheet. However, this is not rounding. Instead it is rounding down to £300,000.
As you can see the fee sheet scales in different ways as the costs increase, hence why I have set the formula as such. However, need to understand why it is rounding down not up and also if there is an easier way to do this?
Seems to be working for all other figures.