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#1
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A Formula For A Wages Book
An apprentice employee pays different rates of Social Insurance depending on
his Gross Pay in any given week. If he earns less than €300.00, he pays no SI. Between €300.01 and €450.00, he pays nothing on the first €127.00 and 4% on the balance. From €450.01up he pays 2% on the first €127.00 and 6% on the balance. I need a formula I can enter that will recognise these criteria and do the calculations. I started the weekly Gross Pay in one column, say G9 and the second week G10 etc.. I'm just one week at Excell (2003) and trying to work out a formula for this is driving me mad. I've spent hours today and feel like throwing the PC out on the street. Can anyone help? Pleeeeeease? |
#2
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A Formula For A Wages Book
Ready?
=If(G9=300,0,If(G9=450,(0.04*(G9-127)),(2.54+(G9-127)*0.06))) That should do it. Copy it and paste it all the way down so that G9 becomes G10, G11, G12, etc. -- Y "Gatsby" wrote: An apprentice employee pays different rates of Social Insurance depending on his Gross Pay in any given week. If he earns less than €300.00, he pays no SI. Between €300.01 and €450.00, he pays nothing on the first €127.00 and 4% on the balance. From €450.01up he pays 2% on the first €127.00 and 6% on the balance. I need a formula I can enter that will recognise these criteria and do the calculations. I started the weekly Gross Pay in one column, say G9 and the second week G10 etc.. I'm just one week at Excell (2003) and trying to work out a formula for this is driving me mad. I've spent hours today and feel like throwing the PC out on the street. Can anyone help? Pleeeeeease? |
#3
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A Formula For A Wages Book
Yacbo, thanks a million! That has worked a treat. It was totally different to
how I was trying to do it. Where did you learn it? I looked up conditional formulas but couldn't find anything to help with my needs. Thanks for taking the time to answer; I really appreciate it. Gatsby "Yacbo" wrote: Ready? =If(G9=300,0,If(G9=450,(0.04*(G9-127)),(2.54+(G9-127)*0.06))) That should do it. Copy it and paste it all the way down so that G9 becomes G10, G11, G12, etc. -- Y "Gatsby" wrote: An apprentice employee pays different rates of Social Insurance depending on his Gross Pay in any given week. If he earns less than €300.00, he pays no SI. Between €300.01 and €450.00, he pays nothing on the first €127.00 and 4% on the balance. From €450.01up he pays 2% on the first €127.00 and 6% on the balance. I need a formula I can enter that will recognise these criteria and do the calculations. I started the weekly Gross Pay in one column, say G9 and the second week G10 etc.. I'm just one week at Excell (2003) and trying to work out a formula for this is driving me mad. I've spent hours today and feel like throwing the PC out on the street. Can anyone help? Pleeeeeease? |
#4
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A Formula For A Wages Book
You bet. I probably learned it here!
-- Y "Gatsby" wrote: Yacbo, thanks a million! That has worked a treat. It was totally different to how I was trying to do it. Where did you learn it? I looked up conditional formulas but couldn't find anything to help with my needs. Thanks for taking the time to answer; I really appreciate it. Gatsby "Yacbo" wrote: Ready? =If(G9=300,0,If(G9=450,(0.04*(G9-127)),(2.54+(G9-127)*0.06))) That should do it. Copy it and paste it all the way down so that G9 becomes G10, G11, G12, etc. -- Y "Gatsby" wrote: An apprentice employee pays different rates of Social Insurance depending on his Gross Pay in any given week. If he earns less than €300.00, he pays no SI. Between €300.01 and €450.00, he pays nothing on the first €127.00 and 4% on the balance. From €450.01up he pays 2% on the first €127.00 and 6% on the balance. I need a formula I can enter that will recognise these criteria and do the calculations. I started the weekly Gross Pay in one column, say G9 and the second week G10 etc.. I'm just one week at Excell (2003) and trying to work out a formula for this is driving me mad. I've spent hours today and feel like throwing the PC out on the street. Can anyone help? Pleeeeeease? |
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