BISG RIGHTS COMMITTEE
Royalty Statement Standards Project October 2024
Draft Proposed Field List
Order Info Category BISG Field BISG Final Label BISG Description/Definition Comment
1 contract Licensees' Contract ID to match the statement to a contract
2 contract Licensor's contract ID
9 contract Licensee Name
10 contract Licensee full address and contact info
11 contract Payor Name (if different from Licensee) i.e. accounting contact Raise for discussion
12 contract Payor Full Address and contact info
13 contract Name of imprint under which book was published
14 contract
Original Title of work in original language (as it appeared in contract)
Elements which identify a work covered
by the agreement, and which specify
associated earnings, charges, advances
etc for the reporting period. use: Licensor's title of work
15 contract Author(s) Name Author(s) Name Raise for discussion ISNE?
16 contract Original advance amount Original advance amount
17 contract Original advance currency Original advance currency
18 contract Licensor name (original rights holder on this contract) Licensor or beneficiary
19 contract beneficiary
final recipient of the payment for
period
this needs work: clarify co-agent in territory
as recipient from Licensee and then US/UK
agent or publisher as Licensor recipient
20 contract sender (as in co-agent in territory)
21 contract Licensor’s title for the work Licensor’s title for the work
23 contract right, language, sales channel….
any use of existing standards for rights types?
Needs work?
24 contract sales territory
25 contract
Licensee title of work (in original language) we say Licensee title…so we
mean in LOCAL -not original -language, correct?
26 statement specific Royalty Statement Date Royalty Statement Date Date the royalty statement was generated
27 statement specific Royalty Period Start Date Royalty period Start Date Start date of the royalty reporting period
28 statement specific Royalty Period End Date Royalty period End Date End date of the royalty reporting period
29 statement specific Balance Carried Forward (from prior period)
30 statement specific Total Life to Date net units sold reported at end of prior period
Cumulative net units sold to end of last
reporting period
31 statement specific
Licensee ISBN (listing sales for each ISBN separately) NOTE: listing sales for
sets, kits, and other special sales items should be included/defined on
the statement
The 13-digit ISBN or other agreed
identifier of the licensee’s product.
(Composite element including an
identifier type code and an ID value.)
32 statement specific Product Type (i.e. format: print/ebook/audio)
Product format typically indicative of a
different contractual royalty rate
33 statement specific Publication date of (each) Licensee ISBN
Date the licensee product is made
commercially available for sale
34 statement specific Cover Price (Local Currency) aka list price catalog price public price
The list price excluding tax (if this price is
the basis of royalty calculation).
35 statement specific Royalty Rate %Royalty Rate %The percentage of royalty applicable
36 statement specific
Royalties’ basis description (net received or cover price) NOTE: this info
will match with royalty clause details in publishing contract Calculation Method
A controlled value specifying the basis on
which royalties are calculated, e.g. %of list
price excluding tax, %of net unit price
received, %of total net receipts, fixed
sum per unit sold
37 statement specific Net Units sold in period (gross less returns)
Net Units Sold
The number of units sold net of returns
(may be negative). If units are not
applicable, define if a default value may
appear
38 statement specific Total sales receipt amount (local currency)
Total sales receipt amount (local
currency)
The net total value of sales at the
specified royalty rate based on local
currency
39 statement specific
Total Royalty amount earned for period from Licensee sales
(local currency)
Elements detailing the calculation of
royalties due, repeatable if more than one
royalty rate band applies.
40 statement specific
Net Units sold Life of Book (sum of prior period end plus this statement,
AKA Life To Date units)
Cumulative net units sold to the end of
this reporting period.
41 statement specific Reserve withheld (if allowed in contract) Reserve withheld
The amount of a reserve withheld this
period against future returns.
42 statement specific Reserve released (per contract terms) Reserve released
The amount of a previous reserve
released this period.
43 statement specific
Remaining overall unearned Advance at end of period (Licensor
Currency), --for licensee's editions (including sub-license earnings if
any) or
Unearned advance(s) carried forward
to next period
(opening balance of advances less sum of
eligible earnings this period), if positive
otherwise, zero.
44 statement specific Payment due to Licensor (Licensor Currency) Amount payable
Condition =rights have been sublicensed
45 statement specific-conditional
Other Income Type licensed (if sub-licenses have been executed by
Licensee)
46 statement specific-conditional Name of sublicensee
47 statement specific-conditional Other income amount (local Currency)
48 statement specific-conditional %share of other income due to Licensor
The percentage of specified subsidiary
earnings payable to the licensor or
beneficiary. Needs discussion? what is "other" income
49 statement specific-conditional Amt of other Income due to Licensor (local currency)
50 statement specific+remittance Reference to bank payment advise
50 statement specific+remittance Reference to bank payment advise
51 remittance Agency Commission %/co agent
52 remittance
Conversion rate (for converting local currency to contract currency)
NOTE: rate can vary from period to period this is the rate for this
statement Exchange rate
The exchange rate between calculation
currency 1 and calculation currency 2, if
applicable.
53 remittance Date of conversion rate
54 remittance Sender's Tax Info (VAT Number)
55 remittance Beneficiary's Tax Info (VAT Number) Licensor /beneficiary tax status
The tax status of the beneficiary in the
country of the licensee.
56 remittance Source for exchange rate date of exchange rate
57 remittance Totals
58 remittance Batch Type single payment or several payments
Royalty Statement Standards Project October 2024
Draft Proposed Field List
Order Info Category BISG Field BISG Final Label BISG Description/Definition Comment
1 contract Licensees' Contract ID to match the statement to a contract
2 contract Licensor's contract ID
9 contract Licensee Name
10 contract Licensee full address and contact info
11 contract Payor Name (if different from Licensee) i.e. accounting contact Raise for discussion
12 contract Payor Full Address and contact info
13 contract Name of imprint under which book was published
14 contract
Original Title of work in original language (as it appeared in contract)
Elements which identify a work covered
by the agreement, and which specify
associated earnings, charges, advances
etc for the reporting period. use: Licensor's title of work
15 contract Author(s) Name Author(s) Name Raise for discussion ISNE?
16 contract Original advance amount Original advance amount
17 contract Original advance currency Original advance currency
18 contract Licensor name (original rights holder on this contract) Licensor or beneficiary
19 contract beneficiary
final recipient of the payment for
period
this needs work: clarify co-agent in territory
as recipient from Licensee and then US/UK
agent or publisher as Licensor recipient
20 contract sender (as in co-agent in territory)
21 contract Licensor’s title for the work Licensor’s title for the work
23 contract right, language, sales channel….
any use of existing standards for rights types?
Needs work?
24 contract sales territory
25 contract
Licensee title of work (in original language) we say Licensee title…so we
mean in LOCAL -not original -language, correct?
26 statement specific Royalty Statement Date Royalty Statement Date Date the royalty statement was generated
27 statement specific Royalty Period Start Date Royalty period Start Date Start date of the royalty reporting period
28 statement specific Royalty Period End Date Royalty period End Date End date of the royalty reporting period
29 statement specific Balance Carried Forward (from prior period)
30 statement specific Total Life to Date net units sold reported at end of prior period
Cumulative net units sold to end of last
reporting period
31 statement specific
Licensee ISBN (listing sales for each ISBN separately) NOTE: listing sales for
sets, kits, and other special sales items should be included/defined on
the statement
The 13-digit ISBN or other agreed
identifier of the licensee’s product.
(Composite element including an
identifier type code and an ID value.)
32 statement specific Product Type (i.e. format: print/ebook/audio)
Product format typically indicative of a
different contractual royalty rate
33 statement specific Publication date of (each) Licensee ISBN
Date the licensee product is made
commercially available for sale
34 statement specific Cover Price (Local Currency) aka list price catalog price public price
The list price excluding tax (if this price is
the basis of royalty calculation).
35 statement specific Royalty Rate %Royalty Rate %The percentage of royalty applicable
36 statement specific
Royalties’ basis description (net received or cover price) NOTE: this info
will match with royalty clause details in publishing contract Calculation Method
A controlled value specifying the basis on
which royalties are calculated, e.g. %of list
price excluding tax, %of net unit price
received, %of total net receipts, fixed
sum per unit sold
37 statement specific Net Units sold in period (gross less returns)
Net Units Sold
The number of units sold net of returns
(may be negative). If units are not
applicable, define if a default value may
appear
38 statement specific Total sales receipt amount (local currency)
Total sales receipt amount (local
currency)
The net total value of sales at the
specified royalty rate based on local
currency
39 statement specific
Total Royalty amount earned for period from Licensee sales
(local currency)
Elements detailing the calculation of
royalties due, repeatable if more than one
royalty rate band applies.
40 statement specific
Net Units sold Life of Book (sum of prior period end plus this statement,
AKA Life To Date units)
Cumulative net units sold to the end of
this reporting period.
41 statement specific Reserve withheld (if allowed in contract) Reserve withheld
The amount of a reserve withheld this
period against future returns.
42 statement specific Reserve released (per contract terms) Reserve released
The amount of a previous reserve
released this period.
43 statement specific
Remaining overall unearned Advance at end of period (Licensor
Currency), --for licensee's editions (including sub-license earnings if
any) or
Unearned advance(s) carried forward
to next period
(opening balance of advances less sum of
eligible earnings this period), if positive
otherwise, zero.
44 statement specific Payment due to Licensor (Licensor Currency) Amount payable
Condition =rights have been sublicensed
45 statement specific-conditional
Other Income Type licensed (if sub-licenses have been executed by
Licensee)
46 statement specific-conditional Name of sublicensee
47 statement specific-conditional Other income amount (local Currency)
48 statement specific-conditional %share of other income due to Licensor
The percentage of specified subsidiary
earnings payable to the licensor or
beneficiary. Needs discussion? what is "other" income
49 statement specific-conditional Amt of other Income due to Licensor (local currency)
50 statement specific+remittance Reference to bank payment advise
50 statement specific+remittance Reference to bank payment advise
51 remittance Agency Commission %/co agent
52 remittance
Conversion rate (for converting local currency to contract currency)
NOTE: rate can vary from period to period this is the rate for this
statement Exchange rate
The exchange rate between calculation
currency 1 and calculation currency 2, if
applicable.
53 remittance Date of conversion rate
54 remittance Sender's Tax Info (VAT Number)
55 remittance Beneficiary's Tax Info (VAT Number) Licensor /beneficiary tax status
The tax status of the beneficiary in the
country of the licensee.
56 remittance Source for exchange rate date of exchange rate
57 remittance Totals
58 remittance Batch Type single payment or several payments