Synchro Track Incomes
What is a Synchro Track Income?
A Synchro Track Income (also known as a "Master Synchronization") is an Income received by the Organization from a third party, such as a movie production company, television network, advertising agency, or game studio, for the right to use a Sound Recording (Track or Master) in audiovisual content.
Unlike statement based royalties, a Synchro Track Income represents a direct, negotiated revenue, usually agreed upfront, and not derived from line level usage reporting.
A Synchro Track Income is calculated by manually assigning one or several Tracks to an Income and dividing the amount according to the applicable Label contracts.
Where to find Synchro Track Incomes
Synchro Track 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.
Synchro Track Income Step by Step
Follow the step by step process below to add and calculate a Synchro Track Income:
- Adding the Synchro Track Income
- Adding Tracks to the Synchro Track Income
- Processing the Synchro Track Income
◼ 1. Adding the Synchro Track Income
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 Synchro (Tracks)".
A panel opens to create the Synchro Track Income.
Details
| Field | Description |
|---|---|
| Name | Internal name of the Income |
| Label Contract — Money In | Label Contract receiving the revenue |
| Sale Date | Date on which the synchronization 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 |
| Foreign Net Amount | Net amount in a foreign currency, if applicable |
| Foreign Gross Amount | Gross amount in a foreign currency, if applicable |
| Notes | Internal notes |
Tags
| Field | Description |
|---|---|
| Custom Tags | Tags assigned to the Income |
Once completed, click the "Save" button to create the Income.
The Income is created in "Draft" status and opened in a dedicated panel.
◼ 2. Adding Tracks to the Synchro Track Income
At this step, you must add the Track or Tracks on which the synchronization revenue will be calculated.
You can add Tracks in several ways:
- Click the "Add Tracks" button at the top right of the Income panel and select Tracks from the list
- Drag and drop Tracks directly from the Tracks list into the Synchro Track Income panel
- Copy and paste Tracks from another list or selection
You may add one or multiple Tracks, depending on the agreement.
Once all Tracks are added, click the "Divide" button at the top right of the page to proceed.
◼ 3. Processing the Synchro Track Income
Processing a Synchro Track Income calculates the royalty distribution based on the selected Tracks and their associated contracts.
To process the Income:
Click the "Divide" button at the top right of the panel.
A confirmation panel opens, summarizing the Income details.
Click the "Save" button to launch the calculation.
During processing, the Income status switches to "Processing".
Once completed, the Income status switches to "Processed".
What happens after processing
When a Synchro Track Income is processed:
- Accounting Operations are generated
- Operations are visible in the Operations tab of the Income panel and in the Operations list
- Operations are linked to the associated Label Contracts
- Contract Balances are updated accordingly
- Rights Holder Balances reflect the calculated royalties
Synchro Track Incomes have immediate accounting impact once processed.
Updated 11 days ago