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Commission Invoice Format in Excel for Sales

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Explore how to simplify your task flow on the commission invoice format in excel for Sales with airSlate SignNow.

Looking for a way to streamline your invoicing process? Look no further, and follow these simple guidelines to conveniently collaborate on the commission invoice format in excel for Sales or request signatures on it with our easy-to-use service:

Set up an account starting a free trial and log in with your email sign-in information.
Upload a file up to 10MB you need to eSign from your device or the web storage.
Continue by opening your uploaded invoice in the editor.
Perform all the required actions with the file using the tools from the toolbar.
Click on Save and Close to keep all the changes performed.
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Commission invoice format in excel for Sales

in this video you are going to learn how to calculate sales commissions using logical functions if and the logical function if checks whether a condition is met and returns one value if true another value if false we'll use the legend on the right where we'll pay commissions rate of three percent for sales that are below 400 thousand five percent for sales between four hundred thousand seven hundred thousand and seven percent for sales above seven hundred thousand now there will be two parts in this function there will be the if function that simple if function that will check whether the sales are below 400 000 another simple if function that will check sales that are above seven hundred thousand we'll then use utilize a combination of if and so that we check whether the sales on column b are between four hundred thousand and seven hundred thousand now we'll enter the function directly on the cell when the if function checks on a logical test whether its value is true or false so the first step is to check whether the cells on column b are below 400 000 so i'll use if b2 is less or less than 400 000 then comma value if true if that cell is below 400 000 we'll calculate at the rate of three percent so it will be three times three percent then the second one is to evaluate whether the sales are between four hundred thousand and seven hundred thousand so we'll again re-enter the if function but you realize that we have two logical tests that we need to test that is between over 400 and less than 700 000 so we'll include or do what we call nesting nest the ant function so that we can have unlimited number of logical tests so our first logical test will be if this cell or total cells on b2 is greater or equals to 400 000 the second one is whether cells here are less than 700 000 if the two conditions are met that is the sales are above 400 000 or less than 700 000 then we'll calculate the commissions at the rate of five percent so it will be two times five percent value if false now for any other number that is above 700 000 we are going to calculate at a rate of seven percent then i'll close like that and press enter now go down and change that to a number that is how to calculate commissions using if and function thanks for watching you

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