Rates VariationModules in this category
Module categoriesCategory: RoyaltyIn the Rates Variations Module, Rate Models can be created for clients to allow the system to be able to accommodate complicated and dynamic royalty scenarios. It allows you to handle changes in contracts, escalations, royalties paid in error, and much more. This gives you greater flexibility over the management of your contractual rate information, all available to the user within one easy to use screen. Rate variations can be used whenever you have to pay royalties to clients whose share varies from one work to another or over time for the same work. They are also useful when contract terms trigger rate escalations, for example on recoupment, the sale of a certain number of units of an album, or when an option is exercised. |
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