Prior to setting up your royalties contracts you should have configured the royalty system, if you haven't yet done that it is reccomended that you look at the articles in the following section: Setting Up Royalties.
To enable the creation of royalty statements you need to set up necessary Royalty schedules as defined by your contracts. To start you should navigate to the correct area by clicking Royalties from the left hand menu.
This will bring up a list of all your publications.
To begin you should click on the title that you wish to edit. This will open a new window as below. This example shows a title with a single product form (ebook) with no contract terms yet configured.
At this point in the process that you are going to create a link between the Sales Type and the Product Form. So for each product form of an existing title or work you will need to create a royalty schedule for each Sales type.
Royalties The area to create the royalty schedule(s) and set up breaks
Options Configure which payment schedule the product form adheres to, and if its sales can influence the unit sales of other titles or royalty schedules. (Also provides the opportunity to remove a title from Royalty statements.
Payee Who will get paid and how it is broken down
Sales & Royalties Information will build in this tab as sales data is entered and royalties are paid.
Profit and Loss A quick overview comparing sales over a title to costs incurred (requires costs to be added in the production side of the system.
Previous Data When moving your royalties to Stison you may be coming from an existing system, so here you can add the state of each title prior to the management of your royalties been taken over by Stison. This is vital if there are escalators in the contract terms.
You will need to complete information some of these tabs before your can run your first royalty statement. Information on how to do this is found on the next pages.