Help - Edit License Income

The "Edit License Income" page allows users to manually enter sales file information for master use income by creating sales transactions that connect directly to contracts, albums, and tracks.

Each sales line is filled out manually by the user. An auto-complete feature for the Album, Track, Contract, and Income Type fields shows available entries in the system once the user starts typing in the fields.

The following fields appear on the "Edit License Income" page:

File Name
the name you would like associated with the file of manually entered license income transactions. This name will appear on the reconciliation report.
Date
the date associated with the transaction line.
Units
the total number of units for the transaction line.
Amount
the amount of revenue associated with the transaction in the base currency of the site.
Album
the name of the album associated with the transaction line. Either an album or contract must be associated with each transaction line.
  • If only an album name is entered with no contract, all contracts with that album will get paid out.
  • If no album name is entered for the transaction line, only the specified contract will process the license income.
Track
the name of the track associated with the transaction line, if applicable.
Contract
the name of the contract associated with the transaction line. Either an album or contract must be associated with each transaction line.
  • If only a contract is entered with no album or track, only that contract will get paid out.
  • If no contract is entered, all contracts with that album/track will get paid out.
Income Type
the type of income the transaction is categorized as, based on income types configured on the associated contract or album.
  • Only configured license income types for the associated album or contract are available for selection.
Memo
the memo to appear on the statement for the license income transaction.
  • Note that memos greater than 40 characters in length may be truncated for display in the PDF versions of the artist royalty statement.