🚀 What's Launching?
We’re introducing a new option for managing royalties more precisely, Partial Royalty Exemption via the Royalty Exemption Flat Rate feature. This feature allows flat dollar amount exemptions to be applied to individual items, offering more flexibility than traditional percentage-based exemptions. It’s designed to help improve royalty calculations on high-cost, low-margin items. Exemption amounts default to the full item price and can be adjusted as needed, with all changes recorded for transparency and audit tracking.
Note: This feature must be enabled by the Franchisor. To get started, please contact your Account Manager or reach out to Support.
🎉 Key Benefits
👉🏽 Line-Item Precision: Apply exemptions to specific products for more accurate royalty calculations.
👉🏽 Flat Dollar Control: Enter a fixed exemption amount instead of using a percentage.
👉🏽 Margin Protection: Fine-tune exemptions to avoid cutting too deeply into profits.
👉🏽 Full Transparency: All changes are logged to maintain a clear audit trail.
🏫 Want to Learn More?
If you'd like to learn more, please visit: Using Partial Royalty Exemption.