Hello All,
I have a requirement to create Royalty. We have about 7 materials/products involved. We want to set this materials up in that anytime we sell them, 7.5% of the sales is accrued into an account quartely and the finance dept sent the payment to the royalty party.
So, in a short form, anytime one of those 7 materials is sold, we collect 7.5% of the sales and accrued it into an account (or whatever way that it's done) quarterly.
How do I configure the sales or materials to be able to set the Royalty up for these materials.
I don't know if I should post this to MM or here in SCM.
Thanks.
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