Module : Product Data 

Topic: Royalties 

Version(s): Version 5.1 and up  

Editions: All Editions 

Royalty preferences allow you to apply different royalty structures to your product offers. You will need to define the various royalty structures before you can apply royalties to a product offer.

Navigate to the Royalty Preferences from the Company Data menu. (Company Data > Product Data > Royalty Preferences)

• Click on the Add New Royalty Preference button in the blue module bar.
  
• To edit an existing royalty preference, click on the edit pencil next to the name of the royalty preference you wish to edit.
  
• A new Royalties window will pop up.
  

• Enter a name for the Royalty and a description.
  
• Next choose a royalty payment method by entering a value into one of the three fields. Only one of the three methods can be used:
  
  • Per Unit - Enter a flat dollar rate of royalty for each unit that is sold.
    
  • Percent of Gross - Enter a percent value of the gross product price.
    
  • Percent of Profit Enter a percent value of the gross product price minus the cost of the product.
    
• Add a flat dollar amount royalty to be paid for any additional rush fees added to an order.
  
• The Xsell multiplier allows you to multiply the royalty paid to the product owner when this product is sold as a cross sell and not as the advertised product that the customer has contacted you to purchase. The multiplier default value is 1, which means the royalty amount paid is multiplied by 1 and is not subject to any addition royalty.
  
  
  
  Example: A royalty amount of $10 when sold as a cross sell, when the cross sell multiplier is 1.5 would be $15.     $10 x 1.5 = $15
  
• Click the Save button and the changes will be saved and the Royalties window will close.
  
• To cancel any of the current changes you have made, click the Cancel button. This will close the Royalties window without saving any changes.
  
• To delete this royalty, click the Delete button. This will prompt you to make sure you want to delete this item. Clicking yes will delete the item and close the Royalties window.
  
  
  
  Note: You cannot delete when you are trying to add a new royalty.
  
• To print the current Royalties window, click the Print button.