Everyone likes a bonus, but sometimes calculating one can be a bit complicated--at first. Here's how to calculate the amount in Microsoft Excel that you or your staff will get paid.

Figure A How to use XLOOKUP () to calculate commissions in Excel Let’s review the commission requirements using real data this time. The first sale value is $1,208.

Spiff, a Salt Lake City-based company pitching a new service for calculating sales commissions for salespeople around the world, has raised $6 million in funding to sell its own product to the ...