Reporting Royalties
Big Business provides straightforward reporting of Royalties. This Solution outlines a few of the Settings that can be used to produce desired output. Additionally, suggestions are offered for extracting data from Big Business for more complex Royalty calculations. (3215)
Big Business reports Royalties for Items sold, based upon a Royalty Amount Per Item or a Royalty Percentage Rate.
• The Royalty Percentage Rate is applied to the Extended Price of each Item sold.
• The Royalty Amount Per Item is multiplied by the Quantity of each Item sold.
Items which use either method will appear on the same Royalty Report.
The ReportSearch for the Royalty Reports searches Invoices, allowing you to narrow the report.
To report Royalties over a date range:
1. Select Reports from the File menu.
2. Select Vendor from the Toolbar Pull-Down menu to view the Item Reports.
3. Select a Royalty Report (Summary or Detail).
4. Click the Print button (or Save to Disk to export the Report).
5. On the ReportSearch dialogue, select "Date is on or after..." and enter a start date.
6. Click More Choices and select "Date is on or before..." and enter an end date.
7. Click the OK button.
The Royalty Reports are sorted and summarized by the Vendor specified on the Item Card.
Related:
Reporting Employee Commissions
Entering a Commission Rate
New Employee Preferences