Natural Order’s unique royalties and commissions system generates royalties and commissions by flexibly calculating contract payment amounts as it captures sales & returns. Besides handling advances, it uses contract schemes to reduce redundant data entry.

Key Features

• A single contract scheme can be used for one or more authors/publishers/payee
• Contract Schemes allow re-use of standard payment levels
• Cutoff value specifies payment cap
• Royalties or commissions calculate based on:
  • Sales and Returns
  • List or Effective Price
  • Percentage or Dollar Amount
  • Quantity Breaks or Sales "Bands"
    
  • Salesperson
  • Customer
  • Generic Product or specifically selected SKUs of a product
    

Components and Reports

• Contracts
• Contract Schemes
• Advances
• Royalty Export
• Integrated with Natural Order AND Natural Payables
• Natural Ledger Interface