Hi,
I am trying to figure out Rate column based on the tier table below.. I was trying to do with Append/Join along with formula but failing as it gives me multiple row output. I am sure there is a way but I am not thinking in right direction or new way of doing it for tier calc along with V lookup for Rule
Tier table
Rule | From | To | Rate |
A2 | - | 50,000.00 | 1.35% |
A2 | 50,001.00 | 100,000.00 | 0.90% |
A2 | 100,001.00 | 200,000.00 | 0.50% |
A2 | 200,001.00 | 500,000.00 | 0.40% |
A2 | 500,001.00 | 1,000,000.00 | 0.10% |
C3 | - | 100,000.00 | 1.15% |
C3 | 100,001.00 | 250,000.00 | 1.00% |
C3 | 250,001.00 | 1,000,000.00 | 0.35% |
Claim table
Acct | Claimed | Rule | Rate should be |
Bell | 60,000.00 | A2 | My first 50,000 should be @ 1.35% and 10,000 @ 90% |
Bell | 80,000.00 | A2 | 0.90% |
Joe | 252,000.00 | C3 | it will be combination of 1.15% and 1% |
Thank you and much appreciated 🙂
Solved! Go to Solution.
Hello @DiyaR ,
I had to clean up the data manually for now.
this will give you an idea.
hope it helps
If I understand the question, you just need a join and a couple of filters to figure out if the claimed amount falls within the tiers. From there you can us a formula to figure out what portion falls within each tier.
Sorry, I was not great in explaining... But yes, I wanted the claim to fall in the tier. Thank you and much appreciated 🙂
Thank you.. I was doing the same thing, however my claim was not falling in the tier.