The phrase "account for royalties" is correct and usable in written English.
It can be used in contexts related to financial reporting, accounting, or discussions about revenue distribution, particularly in industries like publishing or music.
Example: "The company must account for royalties in its financial statements to ensure accurate reporting of income."
Alternatives: "report royalties" or "calculate royalties".
LaRouche alleges that Kronberg perjured herself and colluded with the prosecutors to frame him in order to cover up a bad check issued in 1979 by her from a New Benjamin Franklin House Publishing Company account for royalties owed him.
Decide how to account for royalties, based on the size of your business.
The following are common ways that businesses account for royalties: If yours is a small business, such as an art gallery, make sure your accounting software and bookkeeping system include a section for royalties.
The debt is labelled in the accounts as for "royalties", and it carries interest.
BMG announced an overhaul of its accounting practices for royalties yesterday, a move that it said would assuage concerns that performers are being shortchanged on their earnings.
For instance, auditors need to understand how to calculate a pro-rata share from a label pool, how performances are defined in the relevant contracts, and how to account for non-royalty-bearing plays.
Another area likely to change is the accounting of royalties for artists, a particularly thorny issue for record labels and musicians alike.
He made his reputation in the early 1960s by searching record company accounts for unpaid royalties, claiming thousands of dollars for such artists as Bobby Darin and Sam Cooke.
Nevertheless, in its 1998 annual report, Mattel stated that during 1996, the company received comments from the Securities and Exchange Commission regarding "its accounting for certain royalties and participation fees in prior periods".
A federal appeals court ruled that the Interior Department must account for century-old land royalties owed to American Indians, reversing a lower court's ruling that the task is impossible.
