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Divide Revenues Among Multiple Creators

by David_Woodward on ‎02-05-2010 02:24 - edited on ‎06-11-2014 04:37 by Community Moderator Community Moderator (4,739 Views)

You may choose to share your earnings with co-authors, contributors, illustrators, or editors.

 

To create a Payment Contact record:

  1. Log into your Lulu account.
  2. Go to My Lulu > My Revenues > Payment Contacts.
  3. Click Add New Payee.
  4. Complete the Payee record.
  5. Click Save.
  6. Repeat steps 3-5 until all contributors with whom you wish to share your revenue are entered.

To set up a project with split royalties:

  1. Log into your Lulu account.
  2. Go to My Lulu > Project List.
  3. Click the Revise link next to the project for which split revenues are to be set.
  4. On the Project Details page, click the Edit button in the Creator Revenues Split field.
  5. The Revise Creator Revenues Split section displays a list of authors in your Payment Contacts list. Enter the percentages you wish to distribute to the listed contributors.
  6. Click Save.
  7. Creator Revenue will be allocated based on these percentages for all future sales of this content.

Once Creator Revenues percentages are set on a project, the revenue earned by each creator can be viewed from the My Lulu > My Revenue page.

 

To view Creator Revenue Splits:

  1. Log into your Lulu account.
  2. Go to My Lulu > My Revenue.
  3. Click Switch to Payment Information to view upcoming payments.
  4. Select the name or organization to view from the drop-down list.
  5. Click Apply to display revenue information for the selected payee.

Please Note:

Creator Revenues from all distribution channels (Lulu, Amazon, Barnes and Noble, iBookstore, etc.) are displayed on the My Lulu > My Revenue page. The displayed revenues are estimates based on retail sales and the creator revenues associated with each work. However, since all works are offered in all country stores, the exact amount paid to the author may vary slightly from the displayed, estimated revenue total. This is due to daily fluctuations in international currency conversion rates. 

 

The payment creators receive is calculated based on the officially posted currency conversion rates on your "payday" – not the day on which the title sold.

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