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Calculating commissions

Hi There,


I am trying to put in a formula to calculate expected commission as a percentage of dollar amount but I am getting #UNPARSEABLE error

Formula as follows =[Loan Amount]3*.77%


Any help would be greatly appreciated.


Gary

Answers

  • Hi @Gary Lees

    Is the value for the commission on the loan 0.77% or 77%?


    If 77%

    =[Loan Amount]@row * 0.77


    If 0.77%

    =[Loan Amount]@row * 0.0077


    @row optimization allows your formulas to calculate more efficiently, so we always recommend using it as best practice. More info about that here.

    Hope that helps!


    Thanks,

    Alex

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