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How to Calculate Commission Based on Varying Rates in Excel

Jul 28, 2010 05:26 PM

Jan 22, 2016 05:30 PM

Spreadsheet displaying financial data and calculations in Excel.

New to Microsoft Excel? Looking for a tip? How about a tip so mind-blowingly useful as to qualify as a magic trick? You're in luck. In this MS Excel tutorial from ExcelIsFun, the 673rd installment in their series of digital spreadsheet magic tricks, you'll learn how to use the SUMPRODUCT formula to calculate commission amounts based on varying commission rates based on cumulative sales totals for each month.

Click here to download the template shown in this video.

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