So you have already set up Royalty Worx, ran your statements and paid your artists, now its time to do it all again. Where do you start?
Now that you are ready to pay your artists again, you just need to follow these steps:
1. Create all 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 oness:
How do I create a Licensor?
2. Add 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:
What are Expenses and how do I add them to my releases?
3. Ensure that all of your Contracts In are created for your new releases
This KB article will explain how to create a contracts in for any releases that you haven't done them for.
How do I create a Contract In?
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:
How do I receive my Label Worx statements into Royalty Worx?
How do I import statements I receive direct from DSPs into Royalty Worx?
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:
How do I enter manual sales into Royalty Worx?
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:
How do I generate Licensor / Artist statements?
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:
How do I email my generated Licensor Statements to my Licensors?
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