Once we have received information on revenue sold or streamed from the stores, then we create statements for our labels each month (for streaming) or quarterly (for downloads). All statement information and what your current balance is, can be viewed from the section called ‘Your Statements.’
Your Statements Explained
The ‘Your Statements’ page is accessed via the top menu of your LMS, under the ‘Management’ section::
Statement Periods – We issue statements monthly, with the month number indicating which month they represent. For example, your statement for April 2021 would be displayed as ’2021-04.’
Payment Threshold & Balance – At the top of the page there will be either red or green line next to a monetary value, that displays the total of all statements that are yet to be invoiced and whether or not this amount is more or less than the €100 Payment Threshold.
Red Line = The total amount of your statements that are yet to be invoiced is below the total that we pay out on. They need to be at least €100.
Green Line = The total amount of your statements is more than the €100 payment threshold mentioned above and you can now send an invoice for the amount shown in green text.
Statement List – Below your total invoice balance is a list of all statements we currently have for your label.
Period – The statement ‘Period’ is the first column, which gives details of the year, quarter or month and whether it is download or streaming.
Period Overall – The specific year and quarter the statement is in.
Invoice Amount – The total amount of revenue that your label has gained from this statement period.
Paid or Pending – If we have already paid you for the statement listed, then there will be a green dot and it will say ‘Paid’.If we are yet to pay you then it is marked with a red dot and says ‘Pending’
Search Function – You can also search by statement period or period overall, by using the search functions on the right hand side
Other Functions – If your statements run over more than one page then you can scroll to the bottom of the page to pick another page of statements.
**Select or Deselect Statements* – Just simply click on which statement you wish to select by ticking the box on the left hand side. To select a batch or all at once, then click on the first one you want to view, hold shift and then scroll up or down to the last one you want to have in the batch.
Once you have picked which statements you want to download, you can pick which format they should be downloaded
Pdf – As a brief overview as a PDF. This is useful for a quick view of what has occurred in this statement period.
Download PDF & Tabs – Download as the aforementioned PDF and as a text file of only track or album sales
If you wish to reset your selection then click on the above the tick boxes.