The royalty rules tab contains the rules for royalty calculations.
The four key aspects of this tab are:
- Royalty rules
- Royalty rules order
- Applies to criteria for each rule
- Royalties calculation for each rule
A royalty contract can have one or many royalty rules.
To add or remove a royalty rule select the Add/remove/order author rights… button.
Royalty Rules Sequence
Royalty rules are valuated in sequence, from top to bottom. For each activity (sales record), the first rule to match is used for the royalty calculation. Subsequent rules are ignored.
To change the order of royalty rules select the Add/remove/order author rights… button.
Each royalty rule has applies to criteria that is specific to that rule. If a rule’s criteria matches a sales record that rule is applied to the sales record. If the sales criteria does not match, then the rule is skipped and the software looks for a match with the next criteria.
The image below is for a rule that applies only to sales of products with a format: eBook.
The royalties tab specifies how royalties are calculated.
Documents > Author Contract Summary
From the Documents button; printer icon, you can print a summary of the royalty contract rules.