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How do you create an IF formula for commission in excel using absolute value?
Wiki User
∙ 13y ago
There were would be various approaches to this depending on specifically what you wanted to do, like what and how many rates there are. The following is a simple example based on a single commission rate and a value that has to be reached before commission is earned. If you take it that the value being checked for commission is in A3, the rate of commission is in B4, and the minimum value at which commissioned can be earned is in B5, then you could use the following formula:
=IF(A3>=$B$5,A3*$B$4,0)
Wiki User
∙ 13y ago
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