Tiered Royalties are new feature. They are a way to calculate Author Royalties based on Sales volumes
The Royalties Module is an add-on project specifically developed for Publishers of the written word.
With minor customizations the Royalties Module may include any of the original CRM functionalities in order to manage: Organiztions, Contacts, Invoices, Expenses, Staff, To Do List, Notes, Document, Products, Projects...
Tiered Rates:
Add a row for each tiered rate that has been contracted with Authors
Authors & Portions
Add a % of the Royalty amount for each Author of a Title.
Create Royalties from Sales:
The process will automatically enter every Sale within a specified Date Range.
What if the Author, Title or Sales data was wrong:
• Forgot to change the Author address, Title Royalty %, or an error in Sales...!
No problem, the Royalties Module was built to be re-useable in case the Statements expose an error. This way the Royalties can be created as often as needed until all errors have been corrected.
Options:
• Specific record(s) can be omitted
• Buy-Ins can be omitted "en masse"
• Author Statements can be viewed individually
Royalty Statements are automatically produced as PDFs and the files are placed in a folder of the desktop called "Royalty Statements".
Option 1:
Generate Royalty Statements (only) produces PDFs of every Author Statement without emailing them.
Option 2:
Generate Royalty Statements (with email) produces PDFs of every Author Statement attached in an email, if the Author has elected to receive the Statements by email.