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Royalty Set-Up Screen: Number of Discount Ranges |
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Number of Discount Ranges If you select a Variable Structure based on "Discount," you'll also need to indicate how many discount ranges you want to set up.
For example, you might set up a royalty rate of 8% for all discounts between 0% and 40% and a royalty rate of 7% for all discounts between 40.1% to 55%, and a rate of 6% for all discounts from 55.1% and over. Thus, since you have 3 discount ranges, you would enter "3" in the blank. The limit is 4 discount ranges. Royalty reports start getting very complex once you exceed 4 discount ranges, particularly when you combine quantity and discount structures. Keeping the limit at 4 ranges helps keep the report readable and understandable for both you and the royalty holder. As long as you don't exceed the limit, you're not locked into the number you enter here. It can be changed if you later decide to reduce or increase the number. Other parts of the Set-up Screen include: Name, Address, and Phone Blanks Email, Product, and Catalog Number Blanks Summary Name, Social Security, Active, and Code 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) |