Below are some pointers to help you understand your statement and payment advice.
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The royalty for a book is based on:
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Your royalty percentage for the book
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Net invoice value for all sales of the book during 2023
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In your Statement, one of the first entries dated approx 28 February is your 2022 royalty payment with the amount in the paid column (some dates may differ slightly).
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Your statement may show an amount from Copyright Licensing NZ (CLNZ) where part of your book has been photocopied under license at a licensed school and picked up in a survey.
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The payment advice gives details of each of your titles/editions.
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A description like "AY11AC8-2" means (reading left to right) A=AME workbook, Y11=Year 11/Level 1, AC=Accounting, 8=8th edition and 2=2nd printing (first reprint).
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If the description is an ISBN number, the book is a custom Learning Workbook which is either a single AS booklet or a combination of Achievement Standards from several Learning Workbooks used for a year under license or printed and sold as a print book.
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A negative sales quantity/royalty are old edition books returned/credited from a bookshop.
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"PNG/OUP” is a royalty from one of 20 ESA Study Guides adapted for Papua New Guinea by Oxford University Press, Australia.
Please contact Andrea (andrea@learnwell.co.nz) with any royalty queries.
Thanks for your ongoing support with ESA and LearnWell titles.