Author agreements can be a complicated matter. There may be many different authors and titles in the same agreement. To calculate royalties according to author types, sales channels, price groups, price groups, and price types is no easy task. How can we make this process easier?
Schilling's Royalty solution can help!
Schilling Royalty includes predefined agreement templates that guide you through the many different sales channels, price groups, price types, and royalty rates.
New business areas such as for example streaming create new types of income which means that you must be able to handle different currencies:
Payment currency: The currency that the author's royalties should be paid in.
Sales currency: The author can choose to receive royalties in the local currency of the country where the book is sold.
Basic currency: The currency in which the author settlement is presented. If different currencies are converted into one basic currency, it is easier to compare different types of income.
Schilling Royalty is designed to handle all the different author types and the rules that apply to each one. This also includes tax rates that may vary for authors and heirs and from country to country.
You can download our product sheet and read more about Schilling Royalty:
Schilling Royalty is just one of our many solutions. You can read more about Schilling Rights, the Schilling Author Portal, our finance management solution, and many other Schilling solutions by clicking here:
If this sounds interesting, or if you still think it is all a bit overwhelming, you can contact us via this link: