Royalties can now be attached to Overseas Products within FOB Maintenance > Royalties (alternatively this field can also be managed through the Product Maintenance> FOB button).
If a Royalty exists on a Product at the time of Order creation it can be viewed within Overseas Order Maintenance > Display an Order> Line Details drill down.
The system will then create the following calculation for the Shipment Costing:
- If there is a Qty in the ‘Buy/Unit Price Per’ field:
(Royalty $ / Buy Unit Price Per ) x (Order Qty- Cancelled Qty) - If the ‘Buy/Unit Price Per’ field is empty but the Product Packaging Units has a Qty:
Royalty $ x ( (Ordered Qty – Cancelled Qty) / Product Packaging Units) - If both aforementioned fields are empty:
Royalty $ x (Ordered Qty – Cancelled Qty)
The total shown is the sum of all line Royalties on the Order.
The Royalty $ amount will also print on the Shipment Costing report.
Report Generator
This new field has also been added to Report Generator:
- ‘Royalty $’ has been added to the FOB table
- ‘O/s Royalty $’ has been added to the Orders table.