Monthly Royalty RunsModules in this category
Module categoriesCategory: RoyaltyThis module enables ‘Monthly’ payment frequency for Clients thus allowing you to ‘perform’ a Monthly Interim and Monthly Final Run. What happens if there is a 3 or 6 monthly client also linked to the same song as a monthly client ? There is a multi-stage accruement process, similar to the one in place with Quarterly and Half-Yealy Clients. Royalties are held for any Clients that do not fall under the payment frequency of the royalty run performed, until their payment frequency-run is performed. Simply stated, these are held back until you do a Half-Yearly (or Quarterly as well if you’re processing Monthly). |
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