The Royalties room
Statement week, without the spreadsheet.
Statements arrive in whatever shape your publishers send them. The room reads each one, matches it to the right title and deal, keeps your commission and any co-agent split straight, shows earn-out against the advance, and raises the invoice for you into the accounting tool you already use. You check the numbers and approve; the maths is precise, rules-based, and the same every time.
PDF, spreadsheet or scan: each statement is read and filed against its title, deal and period, with the figures extracted for you.
Gross, net payable and who is owed what, kept per statement period against the deal's terms. You check figures that are already in order instead of rebuilding them.
Every advance tracked against earnings, so 'has it earned out yet?' is a glance, not an afternoon of cross-referencing.
Advance and royalty invoices raised for you into the accounting package you already use. Xero today; other packages connected on request.
What you stop doing
- Re-keying statement figures into a master spreadsheet
- Working out co-agent splits by hand every period
- Hunting for what is owed, what is invoiced and what is still unpaid
The room reads the same agency model as everything else: the deal terms, the advance and the splits are already on record, so a statement lands on a picture that already exists.
€150 a month on your account. Onboarding free.