Page Comparison

...

1. Navigate to Royalty Calculation

2. Click the “Calculate Royalty” button

3. Month End defaults to the previous month’s last date.

4. System will

   1. Gather all games(items) with a royalty rate setup

   2. Retrieve all Sales Invoice Lines with the following criteria

      1. Sales Invoices' Document Status = Posted

      2. Item gathered in step a

      3. It does not have a Royalty Calculation Line linked

      4. Posting Date <= the Month End date

• Each unique combination of Year/Month and Designer account will have a Royalty Calculation header????

• Royalty Amount calculation logic

  • If Royalty Rate’s Rate Type setup is “Percentage”

    • Then Royalty Amount = Sales Amount * Rate / 100

  • If Royalty Rate’s Rate Type setup is “Fix Amount per Unit”

    • Then Royalty Amount = Invoice Qty. * Rate

  • If Deduct COGS is checked and the Unit COGS field is not blank in the Royalty Rate setup

    • Then Royalty Amount = Royalty Amount - Line COGS

      • Line COGS field in the Royalty Calculation Line object is calculated using COGS in the Royalty Rate * Invoice Qty.

• Multiple Royalty Calculation Lines will be created if more than one designer/vendor is set up to receive a royalty in the Royalty Rate table.

• Users need to review and pay.

...