Royalty Accounts represent the partners who receive statements and payments related to your catalog in details.
Depending on your business model, these may be royalty statements for rights holders or revenue statements for distribution clients.
These statements may relate to different types of rights, such as master recording rights, performance rights, or publishing rights.
In other royalty systems this entity may be referred to as a payee, licensor, or rights holder.
In details, all of these roles are represented by a Royalty Account.
A royalty account therefore represents the person or organisation that is financially entitled to receive revenue generated by catalog assets such as songs, tracks, products, or releases.
Royalty Accounts group all contracts, statements, and balances for the same partner in one place, making it easier to track financial results and generate royalty statements.
Note: Royalty Accounts are used by labels and publishers managing licensing relationships, as well as by distributors providing distribution services. In all cases, the royalty account represents the entity that receives statements and payments.
► WHERE TO FIND ROYALTY ACCOUNTS
Navigate to ROYALTY / ROYALTY ACCOUNTS to view the list of all royalty accounts.
From this list, you can:
- create a new royalty account
- search and filter existing accounts
- select an account to view its details
- delete accounts if necessary
Selecting a royalty account opens its configuration and financial information.
► WHAT A ROYALTY ACCOUNT REPRESENTS
A royalty account represents the partner who receives revenue generated from the exploitation of catalog assets.
Typical examples include:
- artists
- labels
- producers
- publishers
- managers
- distribution clients
For labels and rights owners, royalty accounts usually represent licensors who have granted rights to recordings or compositions.
For distributors, royalty accounts represent the artists or labels that receive revenue collected from streaming services, download stores, or other distribution channels.
Regardless of the business model, the royalty account represents the partner who ultimately receives the financial results of the catalog.
► ROYALTY ACCOUNT STRUCTURE
When you select a royalty account, several tabs allow you to manage the financial relationship with that partner.
SETUP
The SETUP tab contains the main configuration of the royalty account.
This section allows you to configure:
- royalty account name and status
- royalty period
- minimum payout amount
- account base
- royalty project configuration
- main contact information
- tax parameters
- royalty dashboard users
CONTRACTS
The CONTRACTS tab lists all royalty contracts assigned to the account.
Contracts define how revenue from catalog assets is converted into royalties and which assets are included in the calculation.
STATEMENTS
The STATEMENTS tab contains all statements generated for the selected account.
Statements summarize the financial activity for each royalty period.
BALANCES
The BALANCES tab displays financial adjustments related to the royalty account.
Balances may include:
- advances
- recoupable costs
- return reserves
- carried-forward balances
- royalty adjustments
These balances influence the final amount payable to the partner.
► RELATIONSHIP BETWEEN ROYALTY ACCOUNTS AND CONTRACTS
Royalty accounts and royalty contracts serve different purposes.
Royalty Account = who receives the payment
Royalty Contract = how the payment is calculated
Multiple contracts may be assigned to a single royalty account. All royalties generated by those contracts are collected within the same account and included in the same statements.
This structure allows details to calculate royalties across multiple catalog assets and agreements while keeping financial reporting organised per partner.