With EasyRoyalties Update 4.10.27 the Data & Functions view has a modern look with new functionality. [Read more…]
How can you automate royalty payments? Printing checks, stuffing them in envelopes, and applying postage takes time and money. For many companies the cost to mail a check is a dollar or more. [Read more…]
Royalty software update 4.10.21 added an option to calculate reserves for returns on net revenue (Sales AND Returns).
The Royalty contracts > Actions: Modify option was updated to allow users to make mass changes to reserve rules.
Reserve for Returns Options
You can calculate reserves based on sales only or sales and returns.
The table below shows how your selection impacts the calculation of reserves and royalties payables.
|Reserve on Sales||Reserve on Net|
How can I make mass changes to Reserve rules?
You can modify reserve rules across multiple royalty contracts using the technique shown below.
1. In the Royalty Contracts view, select the royalty contracts containing the reserve rules you wish to modify, then from the Actions dropdown, select “Modify” and click “Go“.
2. In the Modify Royalty Contracts dialogue, select the Reserve rules tab. Tick the checkbox next to the category you wish to modify; this will enable the options for that category, and you can then set the desired options.
3. Click OK to modify the reserve rules for the selected royalty contracts.
The Data & functions > Royalty payments export field list has been updated (as of 4.10.17) to include address fields for the beneficiary, agent and payment recipient (the beneficiary or the agent). [Read more…]
This post reviews how you can store notes on how your organization uses our royalty software within the software.
Step 1. Go to the Data & functions > Authors/contributors view.
Step 2. Create a new author/contributor record by pressing the blue plus symbol in the toolbar.
The contributor type is organization. The name is 00 Business Process Notes.
Step 3. Open the newly created author/contributor record and enter your notes in the More…> Notes & attachments menu item by pressing the New entry button. You can format your notes using the Microsoft floating formatting toolbar.