Answer: If you’re solely relying on GP’s built-in functionality, the answer is no. GP only allows you to assign a single Salesperson ID to a customer record. In the case of a royalty split, you’d want to assign a few Salesperson IDs to a specific line item/ inventory item (such as a book or album) on a sales document. With GP, you would have to manually calculate royalty earnings for that item on a separate spreadsheet, which can be slow and stressful. Or… you can take advantage of a fast, hassle-free way to automate royalty splits among multiple authors, inventors, or other creators using Commission Plan for Dynamics GP.
Example: You’re selling an album and you need to split royalties among all 4 band members. Your splits could be the same rate (e.g., each band member gets 25%) or different rates (e.g., the singer and guitarist wrote the songs and get 30% each, and the bassist and drummer each get 20%). In Commission Plan, you can set this up in just a few quick minutes.
All you have to do is:
- Assign a royalty earnings rate to each band member
- Assign the band members as their own Salesperson IDs
- Assign all 4 Salesperson IDs to earn royalties on that album (an inventory item for you)
After that one setup, you never need to worry about manually calculating those royalties again; their royalty splits will be taken care of automatically whenever their album is sold from your inventory.
This even works when their album is a single line item on a much larger order — and it’s always fast, accurate, easy, and automatic for you.
Royalty splits aren’t just for bands. The same challenge comes up with book co-authors, software developers who jointly build a product, inventors sharing a patent, course creators collaborating on digital content, or product designers whose work earns royalties per unit sold. No matter how many contributors are involved, Commission Plan can automate those shared earnings with accuracy and ease.
See What Else Commission Plan Can Automate
Since 2002, companies across every sector have relied on EthoTech for the right tool for tracking, calculating, and paying variable compensation. We provide solutions, integration, and support that is focused solely on integrated variable compensation software for Microsoft Dynamics GP, and we are committed to helping you gain value from GP well beyond its lifecycle. Commission planning for GP is all we do, and we do it better than anyone. Contact EthoTech to learn more.