Just-PRODUCE

Introduction | Overview | Key Features | Royalty Reporting | Clients
Royalty Reporting Module

With so many varied forms of media production and distribution now on the market, it is becoming more and more complex to track the associated Royalties.

Most companies in the media sector have disparate sales and financial systems in place. This makes accurate royalty reporting a difficult process.

Creative have provided a number of fast and accurate solutions now to TV & Film companies. The major release for 2009 is the Royalty Reporting module after successful implementation at The Target Entertainment Group.

"It really is a brilliant system and perfect for what we and I think many distributors need." Exclaimed Gavin Reid the Financial Director at Target.

Royalty Reporting sits on a Microsoft Dynamics NAV database and can stand alone as a sales system or can integrate with other sales/distribution databases. At Target, integration with Rights Tracker was the key. Taking the data from both systems and then automating the production of reports and statements to make the whole process far more efficient.
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Key Features
Description
TITLE CARD
  • Producer ñ linked to Vendor Card
  • Commissions Calculator gross or net of WHT
  • % of agreed capped costs on receipts or absolute value
  • Reporting Currency
  • Royalty Nominal Code
  • Split of Royalty by Producer
  • Advances paid to the Producer
  • Quarterly/monthly royalty calculation
ROYALTY LEDGER
  • Every Title card will have its own Royalty Ledger with a very detailed posting
SALES INVOICE ENTRY
  • Sales invoices can be created with all of the Title dimensions
ROYALTY CREATION ON ACTUAL CASH RECEIPT
  • Cash receipts are posted with all of the associated charges and taxes
AGENTS COMMISSION
  • Calculation of external agents commission
CAPPED COSTS & EX-CAPPED COSTS
  • The system deals with agreed Capped costs as a cost or a percentage as well as Ex-capped costs e.g. Dubbing costs
ADVANCES
  • Royalty ledger journal update
ROYALTY STATEMENT PRODUCTION
  • Gross Receipts
  • Tar Commissions
  • Net Receipts
  • Costs
  • Bank Charges
  • With Holding Tax
  • Total Costs
  • Producer Share
MULTIPLE TITLES
  • Combine more than one title on a Royalty Statement
ROYALTY PRODUCER SPLITS
  • The facility to allocate more than one producer to the Royalty
FULL MULTI-CURRENCY
  • Multi-currency
  • Multi user language
  • Multi document language
WITH HOLDING TAX
  • Can deduct either the gross or net of the With Holding Tax
PRODUCER FILTERING
  • Can be filtered on different titles for a Producer
ROYALTY TYPE REPORTS
  • Can split the revenue by discipline e.g. TV Sales, Licensing, DVD Sales, etcetera
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STANDARD      
REPORTS
  • Summary Report
  • Receipts and Commissions
  • Outstanding Sales Invoices
  • Bank Charges
  • With Holding Tax
  • Costs Incurred
  • Capped Cost Summary
  • producer unreported report
  • Payments Paid