Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

YouTube

Excel & Business Math - VLOOKUP Function for Incentive Pay: Commissions & Piecework

ExcelIsFun via YouTube

Overview

Google, IBM & Meta Certificates – 40% Off
One Coursera Plus subscription covers most Professional Certificates on Coursera.
Unlock All Certificates
This course teaches how to build lookup tables and use VLOOKUP with exact and approximate matches to automate piecework and commission calculations. It applies these formulas to payroll tables and includes practice problems.

Syllabus

) Introduction.
) Incentive Pay such as: Straight Piecework, Variable Piecework, Straight Commission, Variable Commission Rates, Commission Rate Based on Amount of Sales.
) Straight Piecework Example.
) Variable Piecework Example Making the Calculations Long-Hand.
) Why Excel is so Helpful AND why we must be REALLY Knowledgeable with Excel..
) Variable Piecework Example Making the Calculations with the “Lookup Table Method”.
) Creating the Lookup Table from Scratch.
) Variable Piecework Example Making the Calculations with the “Lookup Table Method & VLOOKUP Function using Approximate Match”.
) Variable Piecework & VLOOKUP & Approximate Match Lookup for Entire Payroll Table:.
) What is VLOOKUP Function?.
) “Mash” all 3 VLOOKUP Functions into Single Formula using Clipboard:.
) Lookup Tables are Everywhere.
) Straight Commission Rates.
) VLOOKUP & Exact Match Lookup for Straight Commission Rates When each Employee has Different Rate.
) VLOOKUP & Approximate Match Lookup for Variable Commission Rates; Make Lookup Table and use VLOOKUP.
) VLOOKUP & Approximate Match Lookup for Commission Rate Based on Amount of Sales Made by the Employee.
) Summary.

Taught by

ExcelIsFun

Reviews

Start your review of Excel & Business Math - VLOOKUP Function for Incentive Pay: Commissions & Piecework

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.