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Confused and need help putting salary formula's together

Can somebody help solve what is probably a very simple problem for most !!!!

  • help with formula

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  • any advice welcome

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Robbietheboy

New Member
I recently opened a business and starting to get some traction and I need to put a formula together that kicks in at different points.
first €25k goes to person one
next €35k - 70% goes to person two and 30% goes to person one
after reaching €60k all further income is split 50/50

Here is my pathetic effort at it. I am not an excel person but trying to learn.
 

Attachments

  • salary formula.xlsx
    9.5 KB · Views: 27
Hi Robbie,

see the attached file, I have tried to make all the parameters dynamic, so you can change the split. The formulas are in the highlighted cells

kanti
 

Attachments

  • SalarySplit.xlsx
    9.2 KB · Views: 39
kc, David,
Thank you both very much for your help. David I have gone with your version and I cannot thank you enough for your help. This has been a big elephant in the room in my business for the last 6 months and this will give it great clarity. Thanks again it is "greatly" appreciated
Robbie
 
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Reactions: Nik
Hello Robbie,

I am also try something to solve your problem ,,i hope it is easily understable for you..check my attached file
 

Attachments

  • Salary Commission.xlsx
    11.8 KB · Views: 23
Hi Robbie,
I think thi will be the simplest way to solve the problem.
Check attached file.
 

Attachments

  • Salary.xlsx
    9.9 KB · Views: 27
upload_2014-12-14_10-36-55.pngSorry Robie got it late. Dont know, is it what you looking for?
 

Attachments

  • Commissions.xlsx
    10.7 KB · Views: 6
Using only if conditions I try to answer for your question You can change the limit here instead of 25000 and 60000
 

Attachments

  • answer for question.xlsx
    13.6 KB · Views: 6
  • answer for question commision revised.xlsx
    12.7 KB · Views: 3
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