This post covers how to specify a minimum payment amount for royalty payments. If the minimum payment amount is $20, no payments will be made unless royalties payable equal or exceed $20. Amounts below the minimum are carried forward to the next royalty statement. [Read more…]
This article presents an outline best practices for ensuring accurate royalty calculations on sales activity. Best practices for accurate royalty calculations on licensing and permissions activity will be covered in Part 2. [Read more…]
Royalty software update 4.6.34 includes beta code; pre-release, for Title Expenses. Title expenses are vendor invoices linked to the title (intellectual property) or edition (property). With the addition of these records the royalty software will allow a user to see all revenue (sales, rights and permissions), royalty expenses, and other expenses (design & development, marketing, production and other) related to a title.