Realistic Solution--

Presentation of Realistic Solution In Correspondence of AKA Computer Consulting

This module was designed for businesses that need to track and pay royalties to either Artists, Writers , or Inventors. It allows you to specify in each item record the licensor, royalty percent, and a royalty cap( meaning that after you have paid up to that amount of money specified in the cap field the system will not calculate anymore royalties for that item).
Once the module is installed your inventory maintenance screen will look like this:

Licensor Maintenance Screen

Licensor Maintenance ScreenWe also provided a new licensor maintenance screen to maintain all information pertaining to the licensor for example; royalty rate, royalty cap, any notes about when their contract begins and expires and MTD & YTD totals.

Licensor Maintenance ScreenOnce all these information is setup, every time a Sales Order or an Invoice is created all the information for the Royalties will flow automatically into the required files enabling the creation of the "Royalty Report". Presentation of Realistic Solution In Correspondence of AKA Computer Consulting

Royalty Statement Report