Heirs ProcessingModules in this category
Module categoriesCategory: RoyaltyThis module allows the royalty department to keep track of clients who have died and bequeathed future royalties to multiple heirs. This feature greatly reduces the maintenance required in such instances by allowing the user to predefine the percentage that each heir is to receive. The system will also automatically calculate and post the royalties due to each heir based on the royalties earned by the deceased client. Should heirs change at any point in the future it is a simple matter to amend the number of heirs and/or their percentages. Heirs can also earn income in their own right. |
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