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  1. Platform
  2. Royalties

Statements

PreviousFixing Unallocated RevenueNextViewing a Statement

Last updated 1 month ago

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Overview

Statements provides centralized access for reviewing, approving, filtering, and analyzing royalty earnings for your payees and royalty tokens. Whether you're verifying high-level totals or drilling into transaction-level revenue streams for a payee, our statements offer transparency, traceability, and control over your royalty distribution.


Who Is It For?

  • Royalty Admins & Finance Teams can review, manage, and approve royalty statements.

  • Royalty Administrators can verify statement details and validate payments.

  • Labels & Publishers assess total earnings and dive into detailed revenue reporting.

  • Artists and Managers get detailed insights into earnings from various revenue streams.

  • Finance Teams perform audits and create financial reports.

  • Payee Managers handle individual payee financial visibility and documentation.


Key Benefits


Guides

  • Understanding Statement Details


Frequently Asked Questions

Can I export statements for multiple payees at once?

Yes.

Select statements you'd like to export, and form the action bar that appears, click Options and choose Download. This will download a zip file containing the selected statements.

What if I accidentally approved a statement?

If you Approve & Pay a statement, you will not be able to unapprove the statement and undo the payment that has been made.

Can I resend a statement via email?

Yes.

When you approve a statement it is automatically emailed to the payee.

What is the difference between downloading a statement "summary" and "details"?

Statement Summary

Downloading a Statement Summary, will download only the top-level breakdown of totals and categories.

Statement Details

Downloading a Statement Details, will download all line-item data showing individual sources and calculations for each item entered into the statement.


Additional Resources


Next Steps & Future Releases

  • Smart filtering presets

Centralized access to all of your payee and royalty token statements

In-depth visibility into payee earnings.

Batch approval for streamlined workflows

Full revenue and expense breakdowns per statement

Easy to audit and analyze financial data.

From the approved statement, click and select Unapprove to revert it's status. You can do this for multiple statements at once via bulk actions too.

From any statement that has been approved, click and select Email. This will resend the statement to the payee again.

Approving Statements