Part of the close of a Royalty Period is the consolidation of Royalty transactions into one specific Royalty Period. This program consolidates individual months for each movement type. It creates the summaries used for the figures on the statements. The payment amount shows as the current accrual. This process will not run if the royalty period falls in the lock up period specified in control file TMSRY/LOAD-BAL. The lock up period is to prevent royalties being re-calculated for periods already calculated in the legacy system.
- In the menu, expand Publishing Modules > Rights & Permission > Period Processing and Others > Close of Royalty Period and double-click Royalty Movement Consolidation. RYO081 Royalty File Summarisation panel appears.
| Field | Description |
| Period | Select the Royalty period for consolidating. |
| Company | This is the Royalty contract company. You can run the movement consolidation for a single company or a range of companies. Only transactions for the nominated company/companies would be selected for consolidation. User access must be setup for the company/companies in control file TMSRY/UA-ACC and TMSRY/UA-ACT. |
| Royalty group | When a contract is established, the Royalty group is nominated. Contracts belonging to a single royalty group or a range of royalty groups can be selected for consolidation. Leave blank to select all royalty groups. |
| Payment frequency | When a contract is established, the Payment frequency is nominated. Contracts belonging to a single payment frequency or a range of payment frequencies can be selected for consolidation. Leave blank to select all payment frequencies. |
| Contract | A single contract or a range of contracts can be selected for consolidation. |
- Enter the above information as required and click OK. After the consolidation is complete the Royalty balances can be updated.
