Nested IF AND statement with two different calculatoins
I need to create a nested IF(AND statement for my commission sheets.
Logical Argument 1: If the Set By field has a value in it AND
Logical Argument 2: If the Month field is January, February, March or April
The result would be:
Calculate the formula Profit/2 multiplied by .125, otherwise blank.
I also need in the same column:
Logical Argument 1: If the Set By field has a value in it AND
Logical Argument 2: If the Month field is May, June, July, August, September, October, November, December
The result would be:
Calculate the formula Profit multiplied by .0625 ., otherwise blank.
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This assumes, based on the way you worded your request, that the Month field produces a string with the month name. If this is not the case (ie, it returns a number or an actual date data-type, the OR() statements may need to edited to reflect the appropriate data type):
This assumes, based on the way you worded your request, that the Month field produces a string with the month name. If this is not the case (ie, it returns a number or an actual date data-type, the OR() statements may need to edited to reflect the appropriate data type):
(@Kristen_Gerzin - maybe one of the blocks of months needs a different commission calculation?)
JB
You make a completely valid point. I will need to revisit this with my sales team, as they were originally paying the 12.5% out of their commission, whereas now it should be 0.625% out of their commission.
You make a completely valid point. I will need to revisit this with my sales team, as they were originally paying the 12.5% out of their commission, whereas now it should be 0.625% out of their commission.
Not quite. 0.125 is the same as 12.5%. 0.0625 is 6.25%, not 0.625%