How to Calculate Commission Based on Varying Rates 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.
4 Comments
Great tutorial! If you don't want to build your own spreadsheet, you can download this free varying rate commission spreadsheet. It integrates with OneClick Commissions to send customized statements to each rep (no more copying and pasting). Has saved me lots of headaches.
This was very helpful however I cant get this to work for anything over $100,000. Any help on why would be greatly appreciated.
cant find the download link kindly send the download link of the excel file
It's right here.
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