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/or total.  Contracts have custom royalty formulas agreed upon during negotiation.
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* 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 :-)
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[[Category:Development]]
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[[Category:Features]]

Latest revision as of 04:45, 11 December 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 :-)