Direct Incomes
What is a Direct Income?
A Direct Income represents revenue received by the Organization from a third party that is not linked to any Asset.
This type of Income covers revenues that cannot be attributed to Tracks, Albums, Videos, Works, or Products, such as concert fees, artist appearances, flat fees, one-off commercial agreements, or any other negotiated revenue outside of asset based exploitation.
Unlike other Income types, a Direct Income does not require asset assignment or manual allocation. The amount is distributed directly based on the selected contracts, and the calculation is executed immediately when the Income is created.
Where to find Direct Incomes
Direct Incomes are displayed in the Incomes list.
To access them, open the navigation menu on the left, click the “Royalty Accounting” icon, locate the “Transactions” section, and click the “Incomes” list.
Adding and calculating the Direct Income
A Direct Income follows a single-step workflow.
Open the navigation menu on the left, click the “Royalty Accounting” icon, locate the “Transactions” section, and click the “Incomes” list.
At the top right of the list, click the “New Income” button and select “New Direct Income”.
A panel opens to create the Direct Income.
Details
| Field | Description |
|---|---|
| Name | Internal name of the Income |
| Contract — Money In | Contract between the Payer and the Organization |
| Sale Date | Date on which the revenue was generated |
| Country of Sale | Country where the revenue occurred |
| Payment Date | Date the Organization received the funds |
| Source Currency | Currency in which the amount was received |
| Net Amount | Net amount received by the Organization |
| Gross Amount | Gross amount before deductions, if applicable |
| Contract — Money Out | Contract defining how the amount is distributed |
| Income Splits | Distribution of the amount between Rights-Holders |
| Notes | Internal notes |
Tags
| Field | Description |
|---|---|
| Custom Tags | Tags assigned to the Income |
Once all fields are completed, click the “Save” button.
This action immediately launches the calculation.
There is no separate processing or validation step.
What happens after saving
As soon as the Direct Income is saved:
- The calculation is executed automatically
- Accounting Operations are generated
- Operations appear in the Operations tab and in the Operations list
- Operations are linked directly to the selected Contracts
- Contract Balances are updated
- Rights Holder Balances reflect the calculated amounts
- The Income status is set to “Processed”
Direct Incomes have immediate and irreversible accounting impact once saved.
Updated 16 days ago