Zoe Graye Consulting, Inc. Zoe Gray Consulting, Inc.
Royalty Accounting, Intellectual Property Management, Warehousing and Distribution
Microsoft Dynamics AX



CoreAX Value-Added Features & Functions

  • User-definable royalty attributes classify revenue transactions and systematically find the best-fit payout configurations
  • Unlimited levels for payout configurations and participants supports distributions to heirs and royalty payout based on gross or net
  • Copy function facilitates the creation of payout configurations with similar participants and rates
  • Rates can be easily inactivated and preserved for future reference
  • Exception reporting identifies missing rates
  • Adjustments and advances are simply managed and may be defined on payout configuration or cross-collateralization level
  • Advanced cross-collateralization groups allow the user to consolidate payout configurations by contract, and in turn, cross-collateralize earnings, advances and adjustments
  • Payout configuration testing option validates and ensures accurate rate setup
  • Rates can be created based on territory and income groups or for specific territories and income types
  • Royalties can be processed on closed transaction date or date of AR invoice
  • Royalty cycle periods are flexible
  • Processing can be done on an individual royaltor basis or in batch
  • Royalty payout frequency codes and non-royalty items can be defined by user
  • Royalties can be processed by user-defined royalty divisions
  • Royalties can be calculated and processed either on invoice date or invoice settlement date
  • Real-time posting to general ledger of royalty expense and royalty payable ensures 100% payout verification
  • House account earnings can be captured and reported at the same level of detail as royaltors' earnings
  • Payout inquiry allows the user to drill down to invoice detail line

Thanks to all who made our time at The Music Industry Toolbox a great success!

We met great people and enjoyed our presentation. Lots of questions from professionals that really knew their business.

We'll be back again next year. Look forward to seeing you there again!


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