• Royalty Amounts can be calculated automatically using the Royalty Run feature.
• Manual recalculation of previously calculated royalties is allowed.
• Calculated royalty amounts can be posted to Sage ERP Accpac A/P module.
• Reduced Ongoing Costs with Easy Installation, Configuration & Support.
• Web Deployment.

Royalty Payments for Sage ERP Accpac is a Sage ERP Accpac SDK application, which facilitates and streamlines the calculation and processing of royalty payments to intellectual property owners. Being fully integrated with Sage ERP Accpac, Royalty Payments is an effective and easy-to-use tool. Contracts with Vendors are defined in a single screen, where terms are specified per I/C Item and sales volume. Royalty Payments is designed to handle sales in customer currency, contracts in Contract Currency and royalty payments in a third currency, where prepayments can be made in multiple installments if required. Royalty Payments maintains updated balances for Royalty Vendors and Royalty Contracts. Royalty Vendor Statements, Contract Inquiries, Royalty Audit Reports and Exception Reports are available.

Royalty Payments requires Sage ERP Accpac Transaction Analysis and Optional Fields Creator module to be installed.

Check What is New in Royalty Payments 5.4B and 5.5B.

• Calculates and pays royalty amounts based on flexible royalty payment contracts.
• Prints Royalty Vendor Statements.
• Contract Inquiries.
• Royalty Audit Reports.
• Exception Reports.

• Royalty Payments 5.5B - Released February 6, 2009.

• Royalty Payments 5.4B - Released January 30, 2009.

• Royalty Payments 5.5A - Released May 7, 2008.

• Service Pack 1 for Royalty Payments 5.4A - Released July 20, 2007.

• Royalty Payments 5.4A - Released August 23, 2006.

• Royalty Payments 5.3A - Released July 10, 2006.

The calculation of royalty fees, however, can be a complex procedure as it may involve a number of contributing factors. A publisher, for example, can pay an author a percentage of total book sales or a fixed price for every book sold over a defined period of time. It is also likely that the publisher will sell the book through hundreds of retail outlets across different geographical regions, which can further add to the complications of managing royalty fees in a quick and timely manner.

Royalty Payments, developed by SYSTRONICS llc for the award-winning Sage ERP Accpac software, is an integrated solution which facilitates and streamlines the calculation and processing of royalty payments to intellectual property owners. The system allows companies to process their sales invoices, based on agreed contracts with royalty owners, and maintain updated balances for both royalty owners and vendors. Royalty Payments can also help companies produce royalty vendor statements, contract inquiries, royalty audit reports and exception reports.

Download Royalty Payments Industry Solutions Guide (841 KB).