It’s important to add payments you’ve made to Consonance. Otherwise, at the time of the next royalty run, Consonance will prompt you to make those payments again, because it won’t know that the money has already been paid over.
Go to Financial > Payments ⤴ and click the Add button
Fill in the form, then click save
Have you already added this payment?
Use the search options on the payments list page to check whether the payment is present.
Which product or contract do you allocate payments against?
Usually, you batch up payments to one recipient, so you only have to make one bank transaction. However, this form asks you to say which product the payment is for. Enter one payment record per product, rather than per transaction, ideally. This is so that when you next run royalties, the amount earned and amount paid on the statement correlate. If that’s not practical, associate the payment with one contract.
Click Save, and when you do, the page refreshes with a new payment form. This is because you are likely to be entering a number of payments one after the other.
Go to Financial > Payments ⤴ to search a list of all payments.