Royalties
Fees and acts from one and the same data.
Track royalties and fees with correct calculations, and from the same data generate acceptance-transfer acts.
- Royalty tracking
- Acceptance-transfer acts
- Linked to the client book
- Kept separate from invoices
Royalties and fees work differently from ordinary invoices, so fakts gives them their own place. You record a fee with the right data, and the amounts stay clear and findable.
From that same record fakts prepares an acceptance-transfer act, so the paperwork is complete with no re-entry of data.
How it works
- Record the fee Enter the royalty details and amounts, linking them to a client from the client book.
- Prepare the act From the same record, create an acceptance-transfer act that reflects the work items.
- Save and find later Royalties and acts are stored alongside the rest of your work, so they are easy to find.
A separate place for fees
fakts keeps royalties apart from ordinary invoices so the records stay clear. Each royalty is its own record with its own calculations and status.
Acceptance-transfer acts
An act can be generated from invoice or royalty line items. That means the acceptance of work is documented with the same information you already entered.
Linked to clients
Each royalty links to the client book, so the client details fill themselves in and the history stays in one place.
Frequently asked questions
How does a royalty differ from an invoice in fakts?
It is a separate record with its own calculations, meant for fees rather than ordinary sales of goods or services.
Can I create an acceptance act?
Yes. The act is generated from royalty or invoice line items, using the same data.
Are royalties linked to clients?
Yes. Each royalty is attached to a client from the client book.
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