About Rights and Royalties
Reprtoir offers a powerful cloud-based Right and Royalty accounting solution designed to manage Incomes and Expenses, such as Fees and Advances, from any source and in any currency. By calculating over a million lines per minute, it is the fastest Royalty management solution in the market.
Before using the Reprtoir Right & Royalty management solution, please ensure that:
Revenue-generating Assets, such as Tracks, Albums, Videos, and/or Works, must be present and contain the basic metadata as well as the identifiers which will allow them to be matched with the Royalty Statement file. Usually, these identifiers are their UPC/EAN, ISRC, ISWC, or those of third parties such as CMO custom codes.
To learn more about how to Assets, please follow the links below:
Contracts with Royalty Splits must be present.
To learn more about how to manage Contracts and Royalty Splits, please follow the link below:
Contracts with Royalty Splits must be associated with Assets to automatically the Royalty Splits needed to distribute the Incomes among the Rights-Holders.
To learn more about how to assign Royalty Splits to Assets, please follow the link below:
The Organization Currency is a key concept to manage Rights and Royalties in Reprtoir. To avoid any errors, please double-check that the Currency assigned to your Organization is correct before you start using the Royalty management solution.
To learn more about Organization Currency, please follow the link below:
The Rights-Holders Opening Balance corresponds to any outstanding debits or credits present at the beginning of an accounting period.
When an Organization migrates from another royalty system/software to a new, they probably will need to assign Opening Balances to their Rights-Holders to allow the continuity of operations from their old system to Reprtoir.
To learn more about how to add Opening Balances, please follow the link below:
When all steps are done, you will be able to start adding Incomes or/and Expenses.
To learn more about how to add Incomes and Expenses, please follow the links below: