[www.keralites.net] Excel Help on Gratuity Calculations

Dear Spaark and other Respected Members,
 
Can you help me to get the formula to calculate gratuity, the mode of calculation is mentioned in the remarks column. I know I need to apply the "IF" conditions but honestly I have no clue on it. please help.
 
Regards
 
Dr. Anjali Kaif
 

No

Name

Salary

Basic

HRA

Allow

Total

DOJ

DOR

Yrs of Ser

Gratiuty

Remarks

1

A

7,500.00

4,500.00

1,875.00

1,125.00

7,500.00

1-Nov-99

4-Jun-08

08    07/12

38,687.67

Basic * monthly pay as years of service is > 5

2

B

2,500.00

4,500.00

1,875.00

1,125.00

7,500.00

1-May-06

4-Jun-08

02    01/12

2,200.68

Basic * 7 days monthly pay as years of service is < 3 but >1

3

A

4,500.00

4,500.00

1,875.00

1,125.00

7,500.00

2-Aug-04

4-Jun-08

03    10/12

12,099.45

Basic * 21 days monthly pay as years of service is < 5 but >3

4

B

5,000.00

4,500.00

1,875.00

1,125.00

7,500.00

1-Jan-08

4-Jun-08

00    05/12

0.00

Basic * 0 as years of service is < 1




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