Returns are reported along with your sales each reporting period and are deducted from sales and/or are applied back to recoupable guarantee balances.
You can manually add returns to your report during royalty reporting. Step 3 Enter Sales by selecting "Add Sale"
Select "Returns" from the drop down and enter your quantity and gross sales as positive numbers
To upload returns add the lines to the template by entering the quantity and gross sales as negative numbers.
The total sales royalty shows, and returns are deducted from total owed
- Total royalty
- Total returns
- Net owed
Confidentiality Notice
This document may contain information of a confidential, proprietary and/or sensitive nature. This document and the information in it may not be reproduced or disclosed to any unauthorized users without the prior written permission of FilmTrack, Inc (here-to-forth known as ‘The Company’). Any unauthorized reproduction or disclosure of this document or the information contained in it is strictly prohibited. All authorized reproductions (either in whole or in part) shall bear this confidentiality notice.