RoyaltyWorx Refresher: Generate Your Next Batch of Statements

You have already set up RoyaltyWorx, ran your statements and paid your artists - now it's time to do it all again. Where do you start?

1 - Create any new Licensors

These could have been created when you created your releases, however, if you didn't this KB article will explain how to add any missing ones:

Licensor Overview

2 - Add any expenses to your new releases

If any of your new releases have expenses attached or you have any new expenses to add to old releases, they will need to be added to the release. This KB article will explain how to do this:

Expenses Overview

3 - Ensure all of your Contracts are created for your new releases

This KB article will explain how to create your contracts for any releases still required:

Contracts In Overview

4 - Import / Receive your sales statements into Royalty Worx

If you are distributed by Label Worx, you can just receive the statement from the Statements section from the top menu. If you use a third-party distributor then you will need to import your statements.

These KB articles will explain how to do this:

Finalising Statements Overview

Imports Overview - Distributor / DSP Statements

5 - Import your manual sales

If you have any manual sales, such as 3rd Party Licensing to import you will need to enter these as a simple sales entry, please see the following KB article for help:

Simple Sales Entries Overview

6 - Generate your statements 

Once all of your sales imports are matched and you have completed the above steps you can generate your statements. This KB article will guide you through the process:

Statement Generation Overview

7 - Send your licensor statements 

Once you have generated your Licensor Statements and checked them (to ensure they are correct) you can send them out to your licensors through the system. This KB article will explain how to send the statements:

Licensor Statement Sending Overview