Defining Royalty Terms for Items
Defining Royalty Terms for Items
Big Business Version 2.0 lets you define royalty or licensing fees for items you sell. You can define the terms as a percentage of the sales price or as a fixed amount per item sold.
You can find out how much you owe in royalty fees by generating a Royalty Report in the Info Center. For more information about reports, see “Using Reports” in Chapter 8 of the Big Business User’s Guide.
To define royalty terms:
1. Click the History tab in an Item Card.
2. Choose either Royalty Percentage Rate or Royalty Amount per Item from the Royalty Percentage Rate Pop-Up list.
3. Enter the royalty percentage or amount. (3087)
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