For each and every track of the product you can now specify the royalty share that each contracting partner you have assigned shall receive. Simply click on the respective contracting partner and type in the revenue share percentage for each track.

 

Percentage

Please click on the respective contractual partner and enter the percentage per track.

 

 

 

Grading

If required, you can specify a grading in revenue shares. This means that a contracting partner will only receive the selected share once the revenues for the track have reached a certain threshold.

 

Territory

In addition, it is possible to specify the revenue share for your contracting partner for each and every territory individually. By default, the shares will be calculated on the basis of worldwide revenues. To change this setting, click on the “worldwide” button and select the required territory.

 

 Additional contractual conditions for a track

 

Should you wish to add additional contractual conditions to a track all you have to do is create a new line by clicking on the button at the beginning of each line (see image below):

 

 

 

Now you can specify additional contractual conditions, e.g. a different revenue share in a specific country, additional thresholds, etc.

 

 

 

 

Delete contractual conditions

 

In order to delete contractual conditions please click on the „delete“ button (see image below):

 

 

Copy contractual conditions to other tracks

With just a few mouse clicks you can copy the contractual conditions of an individual track to all other tracks of the respective product. To do so please click on the “copy” button as displayed in the image below:

Note: this action will delete all contractual conditions you have previously specified for these tracks.

 

 

Copy contractual conditions to other products

The button “Copy to other contracts” enables you to assign previously specified contracting partners and contractual conditions to other products in your list. To do so, please select the source product from which you want to copy the contracting partners and contractual conditions. Then click on the button “Copy to other Contracts” and follow the instructions of the assistant wizard.

Note: this action will only copy contracting partners and contractual conditions, but it will NOT copy the term of a contract. In other words, it is still necessary to set up the contract term for each and every contract individually (see chapter 1.4.1 “Contract Term” in this manual).

 

 

Important: Please take care that you have set up a contract, that you have assigned contract partners and that you have specified contractual conditions (revenue shares, territory, contract term, etc.) for each and every product. Otherwise it will not be possible to run the accounting process.

 

 

Related Topics

1.4.4 Contractual Conditions