By October 4, 2012 Read More →

ERRMS New Feature: Royalty Expense Deduction

Eclipse Computing announced the addition of a new feature “Royalty Expense Deduction” to our core product. With the addition of this new feature, users can record deductible and non-deductible expenses and apply them against their respective royalty contract agreement.

When users enable the “Expense Deduction” for a specific royalty contract, they will have options to define different parameters using the “Royalty Deductible Expense Setup” window. The Expense deduction setup has two main options, Deduction Type and Cap Setup. Users will have options to select deduction types, such as “None”, “Fixed Amount” or “% of Sales”.

For Deduction Types, Fixed Amounts and Percentage of Sales, users can define “Caps” to roll-over the balance to the next period. Users can also further define Caps based on the distribution channels.

For more information, visit or contact or +1 (201) 746-6255 Ext. 201.



About the Author:

Software developer acknowledged for talents conceptualizing and directing the development and continuous refinement of advanced technology solutions to meet clients’ needs. Sophisticated programming knowledge combines with well-honed problem solving strengths to meet the challenges of business economics, client needs and technical innovation. Microsoft Certified Professional with over 10+ years of experience in client/Server and web technologies and Microsoft Dynamics GP.

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