You can choose not to create royalty statements for inactive contracts.
This is a two step process.
- Change the status of the contract to Inactive
- In the royalty run calculation step do not select “Create statements for inactive contracts”
Step 1. Contract Status to Inactive
Every royalty contract has a status of Active or Inactive. You can change the status to inactive in the royalty contract record’s General tab.
The image below shows a contract with a status of Inactive.
Step 2. Omit “Create statements for inactive contracts”
In the royalty run record, when you calculate royalties the Options menu appears. You can opt to create statements for active royalty contract, inactive royalty contracts or both.