The productSales and rights
Royalty statements stop being a whole day of spreadsheet.
Sales come in by channel with their rate and their returns, the contract holds your own tier structure, and the statement calculates itself each period. You review it and you sign it, which is the part that actually needs an editor.
Contents
01What is in it
- Sales by channel
- Each channel with its rate, its discount and its returns. Imported from the same report your distributor already sends you.
- Contracts
- Term, territories, formats, advance and the royalty tiers. Yours: Bookloft ships no preset structure.
- Royalty statements
- Derived from the contract and the sales, per period, with line-by-line detail and a PDF for the author.
- Returns
- They subtract where they should and in the period they belong to, including when the previous one is already settled.
- Annual report
- The year closed by title, by author and by channel, without rebuilding it by hand every January.
- Rights
- What is granted, to whom, in which territory and until when. With warnings before it expires.
The scene
02Inside a statement
Sample data. Tabular figures and tiers on show: a statement gets reviewed, and to review one you have to be able to follow it with your finger.
| Channel | Cop. | Base | % | Amount |
|---|---|---|---|---|
| Bookshops | 412 | €5,468.40 | 10 | €546.84 |
| Distribution | 738 | €8,856.00 | 12 | €1,062.72 |
| Own site | 134 | €2,666.60 | 30 | €799.98 |
| Returns | -96 | -€1,146.20 | 12 | -€137.54 |
| To pay | €2,272.00 | |||
The contract tiers apply themselves. The author sees it the same day you close it.
The trade
03The vocabulary
- Royalty tiers
- The percentage rises in bands of copies sold. Every publishing house has its own, and some pay a flat rate: both fit.
- Return
- A copy the bookshop sends back. It subtracts from the period's sales, and from the next period if this one is already settled.
- Channel rate
- The discount at which each channel sells. It changes the base the royalty is calculated on, so it changes what the author is paid.
- Accounting period
- How often accounts are rendered. Once a year is the norm; half-yearly or quarterly too, whatever your contract says. The tool does not decide it.
More areas
04The other six areas
Selection
Submission forms with your branding, analysis of the complete manuscript, reading reports, work plans for the author, and the editorial brain that learns from your decisions.
Catalogue
Book records, ISBN, Thema subjects, ONIX records and metadata feeds, series, typeset catalogues, and the recommendation widget for your site.
Authors
A panel of their own for every author with their sales and statements, an inbox, training, community, writing tools and their author site.
Production and warehouse
Print runs, printers and unit costs, delivery notes, stock by warehouse, author copies and book fairs.
Publicity
Press and clippings, media, libraries, bookshops, influencers and the referral programme, each with its own history.
The house
Your branding on everything that goes out, team and permissions, integrations, document templates, plan and billing.
Fourteen days to test it with your own books.
Upload a manuscript and let it read. Import twenty books. Produce a royalty statement. That will tell you.
14 days · nothing is charged today · cancel whenever you like