If you select either Net or Profit as the calculation method, you have three additional options to select from.  You can select one, two, or all three.

Remove Credit Card Fees. This will remove credit card fees from net sales (if you selected the "Net Amount" Calculation Method) or gross profit figure (if you selected the "Profit" Calculation Method).  Anybook removes the fees before the royalty calculation is made.  Two prerequisites are required to obtain credit card fees.  First of all, you need to indicate a credit card discount rate in Basic Set-up (FILE >> BASIC PROGRAM SET-UP).  Secondly, a credit card number should have been entered in the Card # field on the Main Invoice Screen.  You can either type the full credit number or the last 4-digits of the customer's card number.  As long as there is a number, AnyBook will interpret the invoice as a credit card sale.  That provides AnyBook with the necessary information to calculate total card fees.  AnyBook totals up the amount paid for the product (if paid by credit card).  It multiples this figure by the discount rate that you have entered in Basic Set-up and subtracts the result from Gross Profit.  If you have not yet entered an average credit card discount, you can click on the "L" button for more information, and to enter the rate.

Remove Invoiced Fees.  This removes Invoiced Fees from net sales (if you selected the "Net Amount" Calculation Method) or gross profit figure (if you selected the "Profit" Calculation Method).  Anybook removes the fees before the royalty calculation is made.  Invoiced fees are often storage or service fees that you pay to have your products warehoused with a distributor.  Two prerequisites are required.  First, the fees must be recorded on invoices by use of the 'F' sales code.  Secondly, the catalog number of the product (for which the royalty report is being prepared) must appear along with the "F" code.  If you've met those two prerequisites, AnyBook can remove them from the gross profit figure.  Note that Fees are removed based on the date of the invoice.  This the same whether  you use a Cash or Accrual Counting Method.

Remove Commissions to Sales Representatives. This will remove any payments made to sales representatives.  AnyBook will run through each of the invoices and calculate the proportion of the commission payment which is allocated to the product (for which the royalty report is being prepared.)  The amount will be deducted from the gross profit figure prior to making the royalty calculation.

Remove Unpaid Shipping (Level 7 feature). This removes shipping charges that have not been paid by your vendors, rather it's shipping charges you have paid for.  In order to use this, you must have used the feature on the Main Invoice Screen which turns the shipping charges a blue color (meaning that you picked up the charges).  AnyBook will apportion the shipping charges between the various products listed on the invoice in proportion to their amounts.  For example, let's say the shipping charges are $10 and the total of product A is $40 and the total of product B is $60.  In that case, AnyBook will assign $4 to product A and $6 to product B.  When royalties are being calculated for product B, AnyBook will remove $6 from the net proceeds.

Remove Other Fees (Level 7 feature). In addition to the fees associated with credit cards, you can also remove fees from other payment services.  One common one is PayPal which extracts a fee each time a customer makes a payment.  In order to use it, you must indicate that the payment was made by PayPal (or another payment service) in the Payment Box on the Main Invoice Screen.  You can turn the feature on by clicking on the "L."  Follow the directions on the dialog box that appears.

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)