Recording only of Royalty Statements Auditing Workshop
12/01/17 at 12:00 pm
This is a recording of the Webinar held on July 30, 2015.
Chances are, your agent is not auditing your royalty statements. And chances are, accounting mistakes are being made. So if you’re not auditing your royalty statements, you could be missing out on significant income!
In this Webinar, Nelson Literary Agency’s contracts and royalties manager, Angie Hodapp, will walk you through the basics of royalties reporting and teach you how to read and audit your own royalty statements. Using statements from several big and mid-sized publishers as examples, Angie will explain how various publishers express returns, reserves, royalty-rate escalators, subrights income, bonus income, and more, and illustrate how everything adds up to affect your bottom line.
Finally, Angie will walk you through how to set up an Excel spreadsheet you can use each reporting period to track cumulative units sold and total earnings for each book you’ve had published. This valuable tool will also help you track your payments and find accounting errors!
You can buy access to this Webinar recording until December 1, 2017.