What is wrong with this Excel formula?
=IF((C7-$C$2)<=$C$2,(C7*C3),IF((AND((C7-$C$2)>(2*$C$2),(C7-$C$2)<=($C$2*2),((C7-$C$2)*($C$4)),IF(AND((C7-($C$2*2)>($C$2*2),(C7-$C$2)>($C$2*2),(C7-(C7-($C$2*2)),(C7*$C$5)))
It's a sales calculation where:
if you sell over a certain number you get one level of commission per deal and
if you sell 2X a specific number you get a higher pay out for every deal
I entered your formula into D7 and immediately got an error "The formula you typed contains an error" with the whole formula highlighted. That indicated that Excel couldn't find one explicit error. I also noticed that the last ")" wasn't black so that suggested a nesting error. My usual way for finding these is to F2 while on the cell and left arrow through the brackets - go over the last bracket and its corresponding bracket should turn bold in the cell/formula bar. If it's not the first bracket you've got a problem!
Bracketing can be good but it can be confusing if over-used - multiplications will always be calculated first by Excel before addition/subtraction so you could try getting rid of some bracket pairs but read on because there may be a better solution.
Formula are sometimes easier to understand if you define your parameters within Named Ranges (i.e. Base Sales Volume in C2 named as BSV or BaseSales) which you can then see in the formula. BaseSales is a lot easier to comprehend than $C$2.
After naming your ranges for the Base Sales, create Named Ranges for your three commission rates in $C$2, $C$3 and $C$4. Replace the references to the absolute cells in your formula. In 2007+ on the Formula tab go Define Name...Apply Name and highlight all the names you made then apply. Your formula should have names instead of cell references.
Nested formulae are good but sometimes you need to build them up from simple formulae over many columns and then consolidate the crucial bits to put into your mega-formula.
Instead of testing from the bottom up through the target levels consider top down -
IF sales > top target
sales * top rate
ELSE
IF sales > 2nd target
sales * 2nd rate
ELSE
sales * base rate
Then you should be able to do it with just two IF functions.
Related
I am trying to create a formula that checks for several things at the same time but I am having trouble with one part of it.
The formula is the following:
=IF(COUNTIFS($N$2:$N$17095,N3,$K$2:$K$17095,"<>"&"")>6,
IF((SUMPRODUCT(--(ROUND($K$2:$K$49,2)=ROUND(K3,2)))>9),"Always Late / Possible Automation",
IF(COUNTIFS($N$2:$N$17088,N3,$K$2:$K$17088,"<3.5")>0,"Delivered Earlier At Least Once",IF(COUNTIFS($N$2:$N$17088,N3,$K$2:$K$17088,">3.5")>6,"Always Late","False"))))
The first part checks how many entries in the range having the same value as it is in cell N3 have values different to blank and we want those to be more than 6.
Second part is the tough one, it is supposed to check how many values in the rounded range match the rounded value in cell K3. The issue is the formula checks the whole range and I want to check only for the values which match N3 (in essence like the CountIf works only for that value).
The rest is not so relevant.
Some example data:
![enter image description here][1]
As you see in the end of the table the formula with the rounding works but only because I have limited the data shown to 3 unique values in column N. Even here though if i have a blank it doesnt work becaus ei haven't considered it.
Thanks in advance.
Assuming you have Office 365 compatibility/Excel version, use a bunch of filters. To avoid an unwieldy formula I've extended ranges to maximum number of rows (customize as required)...
=LET(x_,$E$3:$E$25,a_,FILTER($E$3:$E$25,--(x_=E3)),b_,FILTER($B$3:$B$25,--(x_=E3)),IF(SUM(--(a_=E3)*(b_<>""))>6,IF((SUMPRODUCT(--(ROUND(b_,2)=ROUND(B3,2)))>9),"Always Late / Possible Automation",IF(SUM(--(a_=E3)*(b_<3.5))>0,"Delivered Earlier At Least Once",IF(SUM(--(a_=E3)*(b_>3.5))>6,"Always Late","False")))))
Note: filter does not appear to work too well within countifs for some reason (must be related to syntax RE: arrays vs. criteria TBC). Thus have replaced countifs(filter_range,X) eqn 'types' with sum(--(filter_range=X)) which works as intended.
I have the following problem I need to address:
I have quotations from multiple vendors for multiple types of products. I need to find the product wise minimum and 2nd lowest quotations. The sheet looks somewhat like this:
I want the output in the following format:
Now, the problem is that the number of vendors is 300, and using the regular formula: min(number1,number2,number3,...) is very tedious and error prone as I have to manually click each entry for each vendor like min(B3,F3,I3,... 300 entries) for product 1.
Another problem is for 2nd Lowest Quote Here, excel does not accept discontinuous array like min function. Which means I cannot enter the formula small(B3,F3,I3,2) as it gives you have entered too many arguments error in this case.
I need to find some way to get around this problem. Please help me out with this problem.
Another option in non-array formula solution
Assume your data put in A1:P5
"Minimum quote" in K3, copied across to M3, and all copied down :
=AGGREGATE(15,6,$B3:$J3/($B$2:$J$2=K$2),1)
"2nd lowest quote" in N3, copied across to P3, and all copied down :
=AGGREGATE(15,6,$B3:$J3/($B$2:$J$2=N$2),2)
Data
You could try an array formula like so:
=MIN(IF($B$2:$J$2=K$2,$B3:$J3))
Make sure you hit Ctrl+Shift+Enter. What it does is it only extracts values corresponding to the specific product using the if statement, min then finds the minimum value out of that range.
Same applies to the SMALL function, it can take a range but we must filter that range using the IF function to get only the columns we want for that product, this also requires to be an array formula by entering it with Ctrl+Shift+Enter
=SMALL(IF($B$2:$M$2=N$2,$B3:$M3),2)
I have a spreadsheet that shows the actual dollars produced and the expected dollars produced for each employee, where each row is one day and each employee has two columns. I would like to count the number of times an employee came within 10% of their production goal without referencing specific columns. Please look at the example spreadsheet.
I want for the formulas in cells Sheet2!E4:E7 to do what the formulas in Sheet2!E10:E13 do.
I am trying to avoid using direct column references because it causes me to have to go in and update the columns in the formulas every time a new employee is added to the sheet.
I'm no stranger to using INDEX+MATCH, or to converting SUMPRODUCT formulas to INDEX+MATCH. What I can't get past are the formulas in cells Sheet2!E4:E7. If you evaluate the formula you can watch the INDEX+MATCH section on the left side of the formula work correctly, and then a nearly identical INDEX+MATCH section on the right side evaluate to 0 for no apparent reason.
The formula I'm having trouble with is in cell Sheet2!E4:
COUNTIF(INDEX(Sheet1!$A$2:$AZ$314,,MATCH($B4,Sheet1!$A$1:$AZ$1,0)),">"&(INDEX(Sheet1!$A$2:$AZ$314,,MATCH($B4,Sheet1!$A$1:$AZ$1,0)+1)))
The section to the left of the ">" will match with the correct range (Sheet1!B2:B314), however the section to the right of the ">" will evaluate to 0 instead of Sheet1!C2:C314.
This is strange to me because the only real difference between the two sections is the '+1' on the end of the MATCH function, and adding the '+1' to the section to the left of the ">" produces the expected result for the MATCH function (Sheet1!C2:C314) as seen by evaluating the formula in cell Sheet2!E5.
The formula that produces the correct result is in cell Sheet2!E10:
SUMPRODUCT(--(ISNUMBER(Sheet1!$B$2:$B$313)),--(Sheet1!$B$2:$B$313<Sheet1!$C$2:$C$313),--(Sheet1!$B$2:$B$313>=Sheet1!$C$2:$C$313*0.9))
I understand that if I exclude the '$' before the column references, any future additions/subtractions to the columns on Sheet1 will adjust the references accordingly. This solution is not ideal, because there are multiple data sheets (one for each year) where the columns are all different (Dan is column F for 2019, G for 2018, M for 2017, etc.), and the tables using these sheets are laid out in a way that would prevent me from easily being able to auto-update the formulas, so a solution that locates the correct column using the employee's name is preferred.
The correct result should be 2 for Allen and 3 for Torres, but I can only seem to get the INDEX+MATCH formulas to return 0, 12, 15, 16, or 17 (depending on what tweaks I make to the formula).
Any help with this would be greatly appreciated.
You can try this: ARRAY FORMULA CTRL + SHIFT + ENTER
=SUM(IF(ISNUMBER(INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0))),INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0))<INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)+1):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0)+1)*(INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0))>=INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)+1):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0)+1)*0.9))*1)
and adapt the ranges to your needs. It is entered on the same sheet as the data.
Basically this approach uses ARRAY FORMULA CTRL + SHIFT + ENTER
INDEX($A$1:$E$30,2,MATCH(G9,$A$1:$E$1,0)):INDEX($A$1:$E$30,30,MATCH(G9,$A$1:$E$1,0)))
to get the needed ranges. MATCH looks for the right column. the row number can be set as needed, here its is from 2 to30 adapted to your provided data. My search term in this case is in G9 with Allen as content. The result of the formula is $B$2:$B$30. A +1 after Match gives the other range $C$2:$C$30. Both ranges can then be evaluated with the needed conditions
Pull it down and provide Torres in G10. Then the ranges will be adapted to $D$2:$D$30 and $E$2:$E$30.
I have a data in Excel as shown in attached image where in I've used named ranges.
Spends. Apr18. May18. Jun18
Category A. 120. 120. 120
Category B. 135. 125. 129
Category C. 110. 111. 112
Name Range: Spends
Range: =Sheet1!$A$1:$D$4
The average quarterly spends are calculated using named references as:
=AVERAGE(INDEX(Spends,2,2):INDEX(Spends,2,4))
This returns 119 in Cell E2
How can I drag this formula to subsequent cells so that it is applied automatically.
If you use the INDEX function with constants, of course these constants will not change when you drag the formula down and/or across.
You will need to learn about absolute and relative references and use something like Row(A1) and/or Column(A1) instead of the constants 2 and 2.
But maybe it does not have to be that complicated.
You could just add a column in the data table that calculates the Average and refer to that cell.
Or, in cell E2, use the formula =average(B2:D2).
I don't see the need for the named range at all in this scenario. It only complicates things.
It seems that you are struggling with appropriate data architecture concepts rather than with using formulas.
If in doubt, keep it simple. I don't see an application for copying the formula across, since you only have three months of data and you want to average these three months.
If your real scenario has more columns, then, please!!, update your question and post more relevant context. Then post a comment, so I can see you made a change.
Again, since you are new here: do not post updates into comments. Edit your question and then post a comment.
Use the ROW() function to return the relative position
E.g. in E2 and drag down
=AVERAGE(INDEX(Spends,ROW(),2):INDEX(Spends,ROW(),4))
Maybe you want to dynamically find the quarter start and end columns then you can use Match function to find the dates and return the position (column) where found. Then feed these into your formula:
Getting the columns by searching for qtr start and end:
Referencing those found positions as column arguments in your formula:
I have a Simple spreadsheet with 2 rows:
ActualJAN | BudgetJAN | ActualFEB | BudgetFEB | ActualMAR | BudgetMAR ....
100 200 300 400 500 600 ....
I'd like to sum ONLY the Budget columns up to the current month (Month(Today()).
Same for the Actual columns.
So if we're currently in February,
Budget to date would be: 600=200+400
Actual to date would be: 400=100+300
I just can't seem to get there, at least simply and elegantly.
This is a non array formula that performs array like operations. As such large range references should be avoided or you will experience a slow down or potential crash of your system. For a small defined range works great so long as the formula is not repeated too many times either.
Additionally TODAY() is a volitile function which means the formula will recalculate whenever anything in the spreadsheet changes, not just when something related to the formula changes.
This formula is generalized a bit so your data can be located anywhere on your sheet and does not require rearrangement of your data.
To get your actual sum use the following:
=SUMPRODUCT($C$4:$H$4*(COLUMN($C$4:$H$4)-COLUMN($C$4)+1<=MONTH(TODAY())*2)*(LEFT($C$3:$H$3)="A"))
To get your Budget sum use the following:
=SUMPRODUCT($C$4:$H$4*(COLUMN($C$4:$H$4)-COLUMN($C$4)+1<=MONTH(TODAY())*2)*(LEFT($C$3:$H$3)="B"))
Change C4:H4 to suit your number range. ChangeC3:H3 to suit your column title range. Change C4 to be the first cell of your number range.
Caveat: Assumes maximum 12 months starting at January
Proof of concept:
I would recommend structuring your data differently. It would be an easier task if you arrayed everything vertically and divided your data into three columns. The first would be Category, which would be populated with either "Budget" or "Actual." The next column would be Month. After that, of course, you have the Value column. Then, use a basic SUMIF, like "=SUMIF(A1:A6,"Budget",C1:C6)." A1:A6 is the range Excel will scan for the desired variable. In this case, that variable is "Budget." Then, C1:C6 is the value that corresponds to a "Budget" month. That formula will give you the answer you want as long as you expand the SUMIF formula to include the full range of values, e.g., "SUMIF(A1:A317,"Budget",C1:C317)."
So I think I understand what you're trying to do, I cannot make the entire formula without the rest of the spreadsheet but this is working currently:
For the Actual:
=IF(MONTH(TODAY())=1,A2,IF(MONTH(TODAY())=2,A2+C2,IF(MONTH(TODAY())=3,A2+C2+E2,"")))
For the Budget:
=IF(MONTH(TODAY())=1,B2,IF(MONTH(TODAY())=2,B2+D2,IF(MONTH(TODAY())=3,B2+D2+F2,"")))
Here is the spreadsheet I created to test:
If you give me the rest of the data I can complete the formula, basically all you would need to do is add more months to the formula and change the amounts it adds.
I am sure there is probably a more efficient way to accomplish this but this way works.
I suggest a hidden row to control your dates. Say, January is in column C, enter [C1] =1, [D1] =C1, [E1] =C1+1, [F1] =E1. Select E1:F1 and copy to the right until December. Hide row 1.
In row 2 use these two formulas.
[C2] ="Actual" & UPPER(TEXT("1/" & C$1,"mmm"))
[D2] ="Budget" & UPPER(TEXT("1/" & D$1,"mmm"))
Select C2:D2 and copy to the right until December. This exercise isn't required because the resulting display is exactly what you already have. But producing this result with the help of formulas ensures freedom from error, and it is faster. As an added bonus you get a visual check of what's in the hidden row.
Now you can use this formula to extract totals from row 3 where you have your values.
=SUMIFS($C3:$Z3,$C$2:$Z$2,"Budget*",$C$1:$Z$1,"<="&MONTH(TODAY()))
Change "Budget" to "Actual" and the same formula will extract the actual amounts.