Royalties - Applying contracts

Royalties

How to organize the database to payout

The idea is to explain in a contract how you want to pay out several works.

The first thing to think about is how to create the groups so you can correctly pay them out - to your fellow publisher clients - to your authors/composer - or to other third parties.

Creating groups using the copyright

The idea is to organise your database, separating your works, where you are original publisher, the copublished works, where you would have money for you and the copublisher, the administrated catalogues and the subpublished works.

List of actors

The menu list of actors show you all people present in copyright, in royalties, or any actor you would have acreated to explain links in contracts.

The idea is to look for the publishers, right click on them to create groups - them having specific roles or not.

The idea is to have a group where you are the original publisher : find yourself in List of groups - Right click - Create a group where Original Publisher :

On this group you will be able to apply a contract that splits out on the copyright to pay your A/C and keep a 100% when you only receive your share :

We have used a special actor that splits between all the A/C that we control in the copyright.

When using special actors, it is mandatory to indicate on which Copyright Rate of the works the split has to be done.

Once you have explained for each type of right how the money had to be split you can attached that contract to the group.

Open the dynamic group and add the contract :