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 Users 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)