v4.2 Royalty Report

Version 4 of the royalty report contains an important change regarding Delivery Charges and how they are calculated in the totals. This is required for certain stores depending on brand requirements.

The format of the report is similar to the existing Version 3 report, as it shows delivery charges in the daily turnover and total, but it then deducts the Delivery charges at the end, and calculate Royalties on the turnover amount less delivery charges"

This means that any store using V4 will always exclude delivery charges, regardless of the Exclude Delivery Charges from Royalty Report setting. The setting will have no effect on the v4 Royalty Report.

V3 Including Delivery charges (most common setting):

V4.2 Royalty report: