If desired, you can have AnyBook calculate royalties for a category.   In other words, royalties can be calculated for a group of products (identified by their category prefix) rather than a specific product.  You might use this method to group products by royalty holders.  For instance, you might group all books by an author into a category.  Or you might group all paintings by an artist in another category.  This method can also be employed to group licensed products together.  For example, you may pay royalties for a group of products that use a university logo on sweat shirts.

To use the Category option, you need to turn it on.  To do so, select TOOLS and ROYALTY CALCULATIONS FOR A CATEGORY from the Menu Bar.

In the dialog box that appears, select YES and enter the prefix for the category.  To pick from a list, click on the "List" button.  The category prefix will be entered in the Catalog Number blank and category name in the Product blank.

To indicate that the category feature is turned on, "Catalog #" on the Royalty Set-up Screen will be replaced by "Category'" and the lettering will turn to light blue.

There are some limitations associated with this function.  Since the retail price of products in a category can vary, you can not use the "Retail Amount" Calculation method. You also can't utilize a Variable Structure based on quantity.  The best way of calculating royalties on a category is to use the "Net Amount" Calculation method.  Thus, royalties will be figured upon a percentage of net sales, the amount that you receive for the goods after any discount.

The other limitation is that the royalty report produced by this method shows the accumulative total number of products sold and the total accumulative net amount.  It does not provide an individual breakdown of the totals of each product.  If desired, you can obtain an individual product breakdown by running an inventory from the Main Invoice Screen (MAIN TASKS and INVENTORY FUNCTIONS), but the information would be contained in a separate report and is not integrated into the royalty report.

Other parts of the Set-up Screen include:

Menu Bar

Name, Address, and Phone Blanks

Email, Product, and Catalog Number Blanks

Summary Name, Social Security, Active, and Code

Keep Running Tally Box

Counting, Calculation and Structuring Methods

Options (Net and Profit Calculation Methods)

Vary Rate Based on Pricing Level

For more information on setting up a royalty with a Variable Structure:

Indicating the Number of Quantity Breakpoints

Indicating the Number of Discount Ranges

Entering Breakpoints & Royalty Rates for Variable Structure (Quantity)

Entering Discount Ranges & Royalty Rates for Variable Structure (Discount)

Entering Breakpoints, Ranges & Rates for Variable Structure (Quantity & Discount)