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Royalities in IS Media

Former Member
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118

Can anyone confirm that in IS Media ECC6 is there a process that deals with royalites for artists?

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1 ACCEPTED SOLUTION

hnmuralidhara
Active Contributor
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76

Dear Mark,

Royalty accounting – Manage all essential royalty accounting processes with seamless data flows, including invoice generation and customer payment receipts, information entry into your accounts receivable system, and generation of royalty payments and statements after factoring in advances, prepayments, or bad debts.

With SAP Intellectual Property Management, you can increase revenue from sales and licensing through more accurate planning, greater transparency, and process optimization over the entire life cycle – ending costly, time-consuming work needed to ensure consistency among stand-alone systems.

Hope this info will useful.

Bye,

Muralidhara

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hnmuralidhara
Active Contributor
0 Kudos
77

Dear Mark,

Royalty accounting – Manage all essential royalty accounting processes with seamless data flows, including invoice generation and customer payment receipts, information entry into your accounts receivable system, and generation of royalty payments and statements after factoring in advances, prepayments, or bad debts.

With SAP Intellectual Property Management, you can increase revenue from sales and licensing through more accurate planning, greater transparency, and process optimization over the entire life cycle – ending costly, time-consuming work needed to ensure consistency among stand-alone systems.

Hope this info will useful.

Bye,

Muralidhara

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0 Kudos
76

Thanks for your reply, can you confirm where Royality Accounting is held, is it an extension set, an add or or SAP standard?

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76

Hi Mark,

This is SAP Standard.

Bye,

Muralidhara

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76

Sorry, do you mean standard in IS Media, or standard in ERP?

What tables do the royalities get stored in?

What is the concept of movie or track or book?

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