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
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