Difference between revisions of "Royalty Contracts"
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* Maintain Contract table. | * Maintain Contract table. | ||
* Associate products and vendors with Contracts. | * Associate products and vendors with Contracts. | ||
| − | * Compute royalty payment for each Contract based on sales quantity and | + | * Compute royalty payment for each Contract based on sales quantity, sales amount, and contract year. Contracts have custom royalty formulas agreed upon during negotiation. |
* Distribute and post payments to one or more vendors for each Contract. | * Distribute and post payments to one or more vendors for each Contract. | ||
* Ensure royalty is paid only once on each sale :-) | * Ensure royalty is paid only once on each sale :-) | ||
Revision as of 19:28, 31 March 2007
Royalty payments for book distributors
- Maintain Contract table.
- Associate products and vendors with Contracts.
- Compute royalty payment for each Contract based on sales quantity, sales amount, and contract year. Contracts have custom royalty formulas agreed upon during negotiation.
- Distribute and post payments to one or more vendors for each Contract.
- Ensure royalty is paid only once on each sale :-)
