This is where royalties get auto-applied to any new Royalty Statement, based on the Paid Out data pre-generated in your LICENSE file.

ROYALTY TRACKING Features

 

• Automatically fills-out your Royalty Statements with the click of a button (auto-assigns PaidOut items from Licenses & Projects files)

 

• Tracks "Domestic" and "Foreign" collections and royalty payments

 

• Calculates Qty Sold, Qty Returns, optional "FREE Goods" (promo, DJ copies)

 

• Royalty PayOut items may be entered from the Licenses & Projects files at the time of "Collection"

 

• Automated Entry of Royalty Items - choice of "Automatic" or "manual" Pick List of items

 

• Supports advances, payments & discounts (e.g. "3/4 rate", etc.)

 

• Supports Holding back for "Reserves" (reserve units) for specified # of royalty periods

 

• Optional custom message on royalty statements eliminates need for cover letters (see graphic below)

 

• Statements are #10 window envelope-ready

 

• Supports unlimited payments, advances, special awards & payments, settlements

 

• Lets you choose which advances you wish to apply to any statement (based on the "related contract" for the selected "royalty type")

 

• Tracks the # of "Due Days" after Period Ending, based on terms entered for related contract

 

• Automatically calculates "reserves" of units held back/released (Domestic & Foreign, separately) based on related Contract

 

• Supports deduction of administration fees

 

• Supports calculation of exchange rates on foreign royalties; supports deduction of Harry Fox & other fees

 

• Tracks your Performance Royalties by any Version of any song in your Catalog

 

 

 

ROYALTY REPORTS

 

Statement Listing

 

Royalty Statements (for royalties paid out)

 

Royalty statements summary report

 

Royalties Paid Out summary

 

Payee History Report

 

Royalty Aging Reports

 

Outstanding Statements Payable

 

Collections by Month, Quarter

 

Collections by Month & Item, Quarter & Item

 

Royalty Summary - sorted by Royalty recipient

 

Royalties Paid Out by Month, Quarter

 

Royalties Paid Out by Month & Item, Quarter & Item

 

Royalty Items not yet Paid

 

Royalty Items "Pending"

 

Royalty Items Paid Out - by Payee

 

FREE Goods, DJ Copies, Promos by month

 

Items Held back on "Reserve"

 

Performance Royalty Listing report

 

 

PAYMENT REPORTS

 

List of Checks to Cut

 

List of Payments & Advances

 

Deposit Items List helps prepare Deposit Slip

 

List of Deposits by Payee

 

Payments screen lets you apply Payments, Recoupable Advances, Carry Forward Amts.

Select from custom Memo notes, from a pop-up menu, to add to any Royalty Statement.

This layout provides a place to include an optional/custom message that appears on the Royalty Statement.
This screen allows you to track the check or pmt number that applies to the current Royalty Statement and the applying of Recoupable Advances.

 

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