Territories & Currencies: Local Sales, Contract FX Rates and Royalties in Dollars
This lesson is part of the course
In this lesson
You compute royalties in each territory's currency, convert them at the contract's fictional FX rates into the licensor's dollars, total the quarter and measure the FX loss when a payment arrives at a worse rate.
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Lessons in this course
- The Royalty Base: Gross Sales, Allowed Deductions & Net Sales by Category Locked
- Territories & Currencies: Local Sales, Contract FX Rates and Royalties in Dollars Locked
- Minimum Guarantees: Earned Royalties, Shortfall Payments & What Is Due Each Year Locked
- Advances & Recoupment: Cumulative Royalties, Unrecouped Balance and the Recoupment Quarter Locked
- The Licensee's P&L: Wholesale Margin after Royalty, Marketing Fund and the Affordable Rate Locked
- Royalty Statements: Building the Quarterly Statement and Late-Payment Interest Locked
- Royalty Audits: Under-Reported Sales, Extra Royalty and Audit Cost Shifting Locked
- The Licensor's Portfolio: Income by Category, Concentration and Renewal Decisions Locked