Royalty Contracts
From ADempiere
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Royalty payments for book distributors
- Maintain Contract table.
- Associate products and vendors with Contracts.
- Compute royalty payment for each Contract based on sales quantity, sales amount, and contract year. Contracts have custom royalty formulas agreed upon during negotiation.
- Distribute and post payments to one or more vendors for each Contract.
- Ensure royalty is paid only once on each sale :-)
