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Convert Company Bonus Letter to Excel

Convert Company Bonus Letter to Excel

Aug 6th, 2022

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Straightforward guide on the way to Convert Company Bonus Letter to Excel

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How to Convert Company Bonus Letter to Excel

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15 votes

In this video tutorial, the focus is on calculating bonuses for salespeople based on their performance from July to December 2018. The bonus structure is detailed: sales over 50,000 earn a bonus of 3,200; earnings between 35,000 and 50,000 receive 1,600; those earning between 20,000 and 35,000 get 800; and earnings below 20,000 result in no bonus. The tutorial introduces the IF function for this calculation, which allows for multiple outcome scenarios, as there are four possible results based on revenue. The demonstration begins with determining the bonus for a salesperson named Avery, utilizing the IF function and referencing the value in cell H4 to assess the appropriate bonus.

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