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Royalty Reporting Rules tell RoyaltyZone what data is expected on a report, the period of time being reported and when the report is expected. You can set up multiple reporting rules to cover all reporting situations. Reporting rules are assigned to an agreement, so you can set up different rules for different types of agreements.
To set up a new Reporting Rule, 1. Select "Setup" and 2. Select "Royalty Reporting Rules".
Select "Create New Reporting Rule".
Fill in the information.
1. Name your Reporting Rule
2. Select the appropriate reporting period for this Rule
3. Enter the number of days after the period that reports are due
4. Select a method for calculating royalties on Bundled Products
5. Select a method for calculating Quantity / Net Sales Trends and Analysis for Bundled Products
6. Click "Next"
Select any Deductions from Gross Sales by checking the appropriate box(es).
Scroll down and complete the Reporting Rule requirements.
1. If you allow licensees to take Royalty Exemptions, check this box
2. Invoice Date, SKU/Desceiption/Property/Category and Quantity are minimum Required Fields
3. Check any fields you require the licensee to report. NOTE: If you have royalty rates and/or guarantees set up by Territory and/or Distribution Method, you must check these boxes
4. Select "Next"
If you allow deductions for Bad Debt and/or Promotion, Marketing or Advertising, check the appropriate box, then select "Next".
Review your Royalty Reporting Rule. If you need to make changes, click the appropriate Page.
Scroll down to complete your Review and select "Publish".
Your new Reporting Rule now shows in your list of Reporting Rules.
To edit a Reporting Rule, select "Clone".
Each Reporting Rule lists the number of Agreements it is used on.
Select the Pages you want to edit and make your changes.
Review your changes and Publish the Rule.
Select "Replace" to replace the existing Reporting Rule
Review the Agreements that currently use the existing Reporting Rule and "Confirm" to replace it with the new Reporting Rule.
1. Select the new Reporting Rule from the dropdown box and 2. select "Replace".
Select "Archive" to archive the old Rule so it no longer appears on your list of available Reporting Rules.
Existing royalty reports will use the original Reporting Rule. All new reports will use the replacement Reporting Rule.
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