Automating Sales Bonus Qualification
A Sales Manager needs to quickly identify which sales representatives have met their monthly sales target of $10,000 to qualify for a bonus. Manually checking each rep's sales can be time-consuming and prone to error.
=IF(B2>=10000,"Bonus Qualified","No Bonus") How it works: This formula checks if the sales amount in cell B2 is greater than or equal to $10,000. If it is, it returns 'Bonus Qualified'; otherwise, it returns 'No Bonus'. This allows for quick identification of eligible reps.
Data Setup
| Sales Rep | Sales Amount |
|---|---|
| Alice | 12500 |
| Bob | 8900 |
| Charlie | 10000 |
| Diana | 15000 |
Step-by-Step Guide
Open your sales data spreadsheet.
In a new column (e.g., C2), type the formula: `=IF(B2>=10000,"Bonus Qualified","No Bonus")`
Press Enter.
Drag the fill handle down to apply the formula to all sales representatives.
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