Royalties

Royalties depend on the specifications in the author contract. Whenever a contract is signed including a royalty clause, create an entry in the royalty spreadsheet.

Each yeah on June 1, royalty reports for those books that have accrued royalties for that year are sent out.

Royalties broadly fall into two payment catagories:

1. Fixed payment per book after passing a sales threshold.
2. Fixed percentage of the sales revenues after deduction of production costs and overhead.