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.

RoyInfo7a

 

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:

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)