This section shows the Actions available in the Royalty Agreements workspace.
Top Tab
| Field | Description |
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| Create Billing Selection
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When you select this action, a billing selection will be created for the current vendor. For the billing selection to be created, the royalty agreement must be approved but not closed. The calculation of the billing selection is based on the information registered for each royalty agreement and on prior billing selections. The billing selection is a proposal for the amount which is to be paid in royalty to the current vendor.
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| Approve Billing Selection
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When you select this action, settlement and approval of the royalty agreement is made. The calculation of the billing selection is based on the information registered for each royalty agreement. The approved and billed amount is registered. Furthermore, a posting journal is created for the royalty billing.
If you wish to approve more than one billing selection at a time, you can use the window Print Royalty Billing.
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