Nested If Statements to calculate Bonus for Speed (# of Days) and % Above/Below Target Price

B

bsteelman

New Member
Joined
Mar 8, 2018
Messages
2
New to the forum (Hello!), please forgive me if I am posting my question(s) incorrectly. I have been working on this all day and have hit a wall.

The table that I am building is below:
[TABLE="width: 882"]
<tbody>[TR]
[TD="class: xl70, width: 14, bgcolor: transparent"][/TD]
[TD="class: xl82, width: 58, bgcolor: transparent, align: center"]A
[/TD]
[TD="class: xl82, width: 62, bgcolor: transparent, align: center"]B
[/TD]
[TD="class: xl82, width: 62, bgcolor: transparent, align: center"]C
[/TD]
[TD="class: xl82, width: 62, bgcolor: transparent, align: center"]D
[/TD]
[TD="class: xl82, width: 61, bgcolor: transparent, align: center"]E
[/TD]
[TD="class: xl82, width: 66, bgcolor: transparent, align: center"]F
[/TD]
[TD="class: xl82, width: 64, bgcolor: transparent, align: center"]G
[/TD]
[TD="class: xl82, width: 64, bgcolor: transparent, align: center"]H
[/TD]
[TD="class: xl82, width: 64, bgcolor: transparent, align: center"]I
[/TD]
[TD="class: xl82, width: 64, bgcolor: transparent, align: center"]J
[/TD]
[TD="class: xl82, width: 80, bgcolor: transparent, align: center"]K
[/TD]
[TD="class: xl82, width: 16, bgcolor: transparent, align: center"]L
[/TD]
[TD="class: xl82, width: 84, bgcolor: transparent, align: center"]M
[/TD]
[TD="class: xl82, width: 84, bgcolor: transparent, align: center"]N
[/TD]
[TD="class: xl82, width: 84, bgcolor: transparent, align: center"]O
[/TD]
[TD="class: xl83, width: 102, bgcolor: transparent, align: center"]P
[/TD]
[TD="class: xl82, width: 15, bgcolor: transparent"]Q
[/TD]
[TD="class: xl82, width: 70, bgcolor: transparent, align: center"]R
[/TD]
[/TR]
[TR]
[TD="class: xl82, bgcolor: transparent, align: center"]1
[/TD]
[TD="class: xl71, bgcolor: transparent"]Property
[/TD]
[TD="class: xl72, width: 62, bgcolor: transparent, align: center"]Target
Price
[/TD]
[TD="class: xl72, width: 62, bgcolor: transparent, align: center"]Actual
Price
[/TD]
[TD="class: xl72, width: 62, bgcolor: transparent, align: center"]Sales Fee %
[/TD]
[TD="class: xl72, width: 61, bgcolor: transparent, align: center"]Sales Fee
[/TD]
[TD="class: xl66, width: 66, bgcolor: transparent, align: center"]Date 1
(Start)
[/TD]
[TD="class: xl66, width: 64, bgcolor: transparent, align: center"]Date2
(Finish)
[/TD]
[TD="class: xl67, width: 64, bgcolor: transparent, align: center"]Date 2 is > than 270d from Date1
[/TD]
[TD="class: xl67, width: 64, bgcolor: transparent, align: center"]Date2 is < 270d from Date1
[/TD]
[TD="class: xl67, width: 64, bgcolor: transparent, align: center"]Date2 is < 180d from Date1
[/TD]
[TD="class: xl72, width: 80, bgcolor: transparent, align: center"]Speed
Bonus
1
[/TD]
[TD="class: xl72, width: 16, bgcolor: transparent"][/TD]
[TD="class: xl67, width: 84, bgcolor: transparent, align: center"]Actual Price is >15% +
Above/Below
Target Price
[/TD]
[TD="class: xl67, width: 84, bgcolor: transparent, align: center"]Actual Price is 10-15% +
Above/Below Target Price
[/TD]
[TD="class: xl67, width: 84, bgcolor: transparent, align: center"]Actual Price is 0-10% +
Above/Below
Target Price
[/TD]
[TD="class: xl72, width: 102, bgcolor: transparent, align: center"]Price Bonus(Penalty)
 2
[/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl72, width: 70, bgcolor: transparent, align: center"]Total Sales Fee
[/TD]
[/TR]
[TR]
[TD="class: xl82, bgcolor: transparent, align: center"]2
[/TD]
[TD="class: xl71, bgcolor: transparent"]Site 1
[/TD]
[TD="class: xl73, bgcolor: transparent"]$70,000
[/TD]
[TD="class: xl74, bgcolor: #DDEBF7"]$90,000
[/TD]
[TD="class: xl75, bgcolor: transparent, align: right"]3.00%
[/TD]
[TD="class: xl76, bgcolor: transparent"]$2,700
[/TD]
[TD="class: xl68, bgcolor: transparent"]1/1/2018
[/TD]
[TD="class: xl65, bgcolor: #DDEBF7"]5/1/2018
[/TD]
[TD="class: xl69, bgcolor: transparent"]0.00%
[/TD]
[TD="class: xl69, bgcolor: transparent"]0.25%
[/TD]
[TD="class: xl69, bgcolor: transparent"]0.50%
[/TD]
[TD="class: xl77, width: 80, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=FFFF99]#FFFF99[/URL] "]$450
[/TD]
[TD="class: xl78, bgcolor: transparent"][/TD]
[TD="class: xl69, bgcolor: transparent"]0.50%
[/TD]
[TD="class: xl69, bgcolor: transparent"]0.25%
[/TD]
[TD="class: xl69, bgcolor: transparent"]0.00%
[/TD]
[TD="class: xl79, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=FFFF99]#FFFF99[/URL] "]$(450)
[/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl80, bgcolor: transparent"]$2,700
[/TD]
[/TR]
[TR]
[TD="class: xl82, bgcolor: transparent, align: center"]3
[/TD]
[TD="class: xl71, bgcolor: transparent"]Site 2
[/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl81, width: 102, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=FFFF99]#FFFF99[/URL] , align: right"]28.57%
[/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[/TR]
[TR]
[TD="class: xl82, bgcolor: transparent, align: center"]4
[/TD]
[TD="class: xl71, bgcolor: transparent"]Site 3
[/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[TD="class: xl71, bgcolor: transparent"][/TD]
[/TR]
</tbody>[/TABLE]

What I am trying to do is write a formula for Cells K2 and P2 that provide a sales bonus for both Speed and Price respectively.

K2 - Speed Bonus formula that calculates the appropriate bonus based on time it takes to complete sale (Date 2- Date 1)
Example. Date 2 < 180d from Date 1 then (.50% * C2 = Bonus),
Date 2 > 180d, but < 270d, from Date 1 then (.25% * C2 = Bonus), and
Date 2 > 270d from Date 1 then (0.0% * C2 = Bonus)


P2 - Price Bonus formula that calculates a bonus or a penalty depending on % of "Actual Price" above/below the "Target Price"
Example:
If "Actual Price" is <10% Above/Below the "Target Price" than apply a 0% Bonus or Penalty (0.00% * "Actual Price").
If "Actual Price" is >10% Above or Below the "Target Price", but < 15% Above of Below the "Target Price", apply a +.25% Bonus/Penalty (+.25% * "Actual Price")
IF "Actual Price" is > 15% of the "Target Price", apply a +.50 Bonus or Penalty (+.50% * "Actual Price")

I am playing with nested if statements for both of these but have failed miserably all day.
Can anyone help me?
 

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Cell K2:
=IF(DATEDIF(F2,G2,"D")<=180,C2*J2,IF(DATEDIF(F2,G2,"D")<=270,C2*I2,C2*H2))

Cell P2:
=IF(ABS((B2-C2)/C2)<=0.1,SIGN(B2-C2)*C2*O2,IF(ABS((B2-C2)/C2)<=0.15,SIGN(B2-C2)*C2*N2,SIGN(B2-C2)*C2*M2))
 
Upvote 0
Hi,

try this:


Book1
ABCDEFGHIJKLMNOP
1PropertyTarget PriceActual PriceSales Fee %Sales FeeDate 1 (start)Date2 (finish)Date 2 is > than 270d from Date1Date2 is < 270d from Date1Date2 is < 180d from Date1Speed Bonus 1Actual Price is >15% + Above/Below Target PriceActual Price is 10-15% + Above/Below Target PriceActual Price is 0-10% + Above/Below Target PricePrice Bonus(Penalty)Total Sales Fee
2Site 1$70.000,00$90.000,003,00%$ 2.700,001-1-20185-1-20180.00%0.25%0.50%$ 450,000.50%0.25%0.00%$ 450,00$2,700
3Site 2
4Site 3
Sheet1
Cell Formulas
RangeFormula
K2=LOOKUP(G2-F2,{0;180;270},{0.5;0.25;0})%*C2
O2=LOOKUP((C2/B2-1),{-1;-0.15;-0.1;0;0.1;0.15;1},{-0.5;-0.5;-0.25;0;0.25;0.5;0.5})%*C2
 
Last edited:
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