Work with royalty contract

Work with Royalty Contract allows you to select and work with existing payment and collections contracts in the system as well as create new contracts. 

  1. In the menu, expand Publishing Modules Rights & Permission > Management  and double-click Work with  Royalty Contracts. RYW010 Work with Royalty Contracts selection panel appears.
  2. Enter the selection variables and click OK. The selected contracts are displayed.
Note

The company selection filter will be ignored if any of the following selection fields have been used.

  • contract description
  • item
  • contract
  • work ID
  • reference 1/2
  1. To add a new contract, click function Add. RYM010 Contract Masterfile Maintenance panel appears in add mode. (Refer to RYM010 Contract Maintenance for details on contract entry).
  2. Once the contract is created, you can use the options available on this panel to maintain the related details for the contract.
 Option Description 
Balance 

Payment contracts – displays the details including the advances, sub-ledger transaction inquiry and royalty balances by payee.

Collection contracts – shows the charges and royalty amounts (sales) by period.

Maintain Allows you to maintain the selected contract
Copy Allows you to copy one contract to another.
Delete 

Allows you to delete the contract if transaction details for the contract do not exist.

Print

Allows you to print contract and related details.

Payment contract – prints contract header details, movement, payee, works and provision details.

Collection contract – prints contract header details, movement, payee and works details.

Movement Allows you to maintain movements for the selected contract. RYM120 Movements Maintenance
Payee share For payment contract only: accesses RYM110 Payee Shares Maintenance panel to enter the payee/agent and the percentage share in royalties, income and deductions they are entitled to. The total payee share should always equal 100%. Advances by payee can be entered from this panel using option Advance details
Advance

For payment contract only: accesses RYM140 Advance Maintenance panel to view advances against payees for payment contracts. 

Charges

For collection contract only: accesses RYM440 Charge Details panel to maintain one-off invoice charges for collection contracts.

Extension Allows you to view extended details for the related ISBN i.e. user defined fields.
Works Accesses RYM180 Royalty Works panel to link works for the contract.
Rtns prov For payment contract only: accesses Returns Provision Maintenance to enter multiple returns provision rules by titles and packaging types. 
Rights Access RYM190 Work with Rights to view/maintain the sub-rights linked to the works in the contract.