When you send your Licensors a statement generated by Royalty Worx you are also inviting them to send you an invoice to collect their royalties. Royalty Worx handles this for you and gives your Licensors a simple method of submitting their invoice to you online.
Note - Label Worx assumes that you have already implemented an invoice system. Read this article if not - What is an invoice and why should I use them?
When a Licensor submits an invoice to you they are stored in "Licensor Invoices" for you to review, download and pay.
Complete the following step to view and download Licensor invoices -
1. Select "Royalty -> Licensor Invoices" from the top menu.
2. Find the invoice in the list
The "Licensor Invoices" screen will list all invoices with an "Outstanding Balance". If you need to access invoices that have already been paid you will need to change the "Invoice Status" drop down to "All Invoices" or "Paid Invoices".
There are other ways of finding your invoice such as a filter by "Licensor" or text "Search".
3. To view what the "Licensor" has submitted an invoice for, use your mouse and hover over the "Licensors" name in the list.
4. Click the "PDF" icon under the "Invoice No." column to download the invoice for your records.
Note - For information on how to pay a "Licensor Invoice" read this article - How do I pay a Licensor Invoice?