Does PUB123 figure royalty on net received or on cover price?
It is done either way you want. When you enter a title in the “products” table, you select the authors, illustrators, etc. that go with that title. You can set the author to receive royaty based on: 1: net received (cover minus discount) or 2: gross (cover price alone) or 3: a fixed dollar amount. It is your choice. 90% of publishers now pay on net received but you can do it any way you want, per author, per title. How’s that for flexibility?
