Salary Commissions

  • Thread starter Thread starter Llerfold
  • Start date Start date
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Llerfold

Employee Commission - I cannot get all 3 formulas to work.
PAYROLL SUMMARY
TOTAL SALES FOR THE MONTH 27,000.00
PRODUCTION BONUS LEVEL $11,000.00
$(2,000.00)
OVERTIME SALARY PAYABLE
Production bonus level $11,000 - $16,000 $0.00 10.0% $-
Production bonus level $16,001 - $20,000 $0.00 12.5% $-
Production bonus level greater then $20,001 $0.00 15.0% $-
TOTAL PRODUCTION BONUS $-
 
Bonus: 0
+ iif(level >= 11000, 0.1*level, 0)
+ iif( level > 16000, 0.125*(level-16000), 0)
+ iif( level> 20000, 0.15*(level-20000), 0)


That is, assuming 12.5% is applied to what exceed 16000$, and 15% to what
exceed 20000$. ie, at 15999 the bonus is 1599.90$ and at 16001$, the total
bonus is NOT 2000.13$, a bonus increase of 400.23$ for a level increase of
3$, but a total bonus of 1600.15$


Vanderghast, Access MVP
 
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