Lots of people have probably heard about Chuck Palahniuk who, among other authors, was robbed blind by the bookkeeper at his agency. It's been briefly talked about in the agency's BR&BC thread here.
I'm realizing that I don't really know how getting paid works. I knew, vaguely, that your agent gets the check and royalty statements from the publishers, does whatever auditing they do (I know some agents/agencies do it to different extents), and then cuts you a check for the total minus their commission? Is that about right?
Do authors usually get a copy of the royalty statements? How can you figure all this stuff out to make sure the agency is sending the right amount of money? Is there a Best Practices for this?
(I wasn't sure if this should be Roundtable or Ask the Agent.)
I'm realizing that I don't really know how getting paid works. I knew, vaguely, that your agent gets the check and royalty statements from the publishers, does whatever auditing they do (I know some agents/agencies do it to different extents), and then cuts you a check for the total minus their commission? Is that about right?
Do authors usually get a copy of the royalty statements? How can you figure all this stuff out to make sure the agency is sending the right amount of money? Is there a Best Practices for this?
(I wasn't sure if this should be Roundtable or Ask the Agent.)