Royalty agreements Sub-Tab

This section includes the fields and descriptions for the Royalty agreements sub-tab.

Field	Description
Item No.	In this field, you enter the number of the item which is included in the royalty agreement.
Start Date	In this field, you enter the starting date of the royalty agreement. The two date fields “Start Date” and “Closing Date” form the valid period of the royalty agreement. Only royalty agreements within the stated period are included when billing selections are made.
Closing Date	See the description of the field “Start Date.”
No. From	In this field, you enter a number. The two number fields “No. From” and “No. To” form the range of items used when royalties billing takes place. Only the part of the sold items which are within the number range are included in the billing selection.
No. To	See the description of the field “No. From.”
Pricing Unit	This field shows the price unit which is to be used in connection with the royalty agreement. The value corresponds to the number of item units which are included in the unit price for the item. The unit price is transferred from the inventory module.
Percentage	In this field, you enter a percentage if you want the royalty amount to be based on turnover. If you enter a percentage in this field, you cannot enter a value in the field “Amount per Price Unit.”
Amount per Price Unit	In this field, you enter an amount if you want the royalty amount to be based on the number of sold items instead of a fixed percentage of the turnover. If you enter an amount in this field, you cannot enter a value in the field “Percentage.”
Quantity Invoiced	This field shows the number of items which are already invoiced within the valid period of the royalty agreement. The field is updated whenever a new billing selection is made.
Billing Price Total	This field shows the total sale within the specified period and the number range of the agreement.
Billed Amount	This field shows the amount which has already been paid within the valid period of the royalty agreement.
Amount for Billing	This field shows the amount yet to be settled. The suggested amount will be based on information which is retrieved when a billing selection is made.
Approved	If you mark this field, you approve the current royalty agreement. You can only create a billing selection if the agreement is approved.
Closed	If you mark this field, you close the current royalty agreement.
Company	This field displays the company number from the Dimensions island in the card part of the window. You can change the value manually.
Location	The functionality of this field is similar to the functionality of the field “Company No.”
Entity	The functionality of this field is similar to the functionality of the field “Company No.”
Project	The functionality of this field is similar to the functionality of the field “Company No.”
Purpose	The functionality of this field is similar to the functionality of the field “Company No.”
Spec. 1-3	The functionality of these fields is similar to the functionality of the field “Company No.”
Local Spec. 1-3	The functionality of these fields is similar to the functionality of the field “Company No.”
Popup 1-5	These fields show any pop-up values selected for the current item. The values are retrieved from the information card of the item and cannot be changed here.