Advances and recoupment tracking
Advances, recoupment balances and commission statements are reconciled across labels, publishers and live income, and the terms behind each payment must be checked.
For music managers
A manager runs a client's business calendar, and it is advances, tour settlements and option dates that decide whether the year holds together.
No account needed to see the proposed desk.
The recurring work
Every one of these has a date attached, a document behind it, and somebody who notices when it slips. This is what goes on the desk.
Advances, recoupment balances and commission statements are reconciled across labels, publishers and live income, and the terms behind each payment must be checked.
Each show is settled after the date, with venue deductions, promoter splits and merchandise takings checked against the deal agreed before the tour.
Recording, publishing and management agreements carry option windows, and notice has to be served inside those windows or the deal rolls on unchanged.
Each release has label delivery dates, marketing lead times and artwork deadlines, and every later date depends on the earliest one being met.
Commission on each income stream is calculated and invoiced on its own cycle, with the contract terms checked so the percentage applied is the right one.
Foreign tours need permits, carnets and withholding forms, and the paperwork changes with the countries on the routing and the size of each fee.
Cover for the tour is arranged per run with evidence supplied to each venue, and the schedule has to be checked as dates are added or cancelled.
The artist expects a clear account of what came in and what was spent, and the reports have to be ready before the questions arrive.
Labels, agents, publishers and promoters all hold pieces of the schedule, and each party has to be updated when a date moves.
A manager is the only person holding the whole picture, and most of that picture is deadlines owned by other people. An option notice that goes out three days late ties the artist to another album on the old terms; a settlement queried after the promoter closes the books is simply refused; a commission calculation based on the wrong contract clause is repaid out of the manager's own pocket. None of it shows up until a statement arrives months later, by which point the window has closed.
The desk works this list to its own schedule and reports what it did.
Option windows, renewal dates and term end dates are held as dated items with lead times, so notice periods are visible well before they close.
Tour settlements are prepared from show paperwork and the agreed deal terms, with discrepancies between the two listed before the manager signs anything off.
Income from labels, publishers, live and merchandise is logged against contract terms, and commission statements are drafted for checking each cycle.
Earnings, expenditure and upcoming obligations are assembled into a periodic report for each artist, ready before the questions start.
Permit schedules, cover evidence and venue requirements are gathered per tour, and any step needing a personal signature is handed to the manager.
The judgement stays with the manager: which offers to take, how an artist should be developed, and whether a tour is worth doing at all. The desk holds the dates and reconciles the money around those calls. A manager's value is the decision, not the recollection of a renewal date.
Yes: option, renewal and term end dates are held per agreement with lead times attached, so notice periods are visible in advance. The manager decides whether to exercise or renegotiate.
Show paperwork and the agreed deal terms are compared as each date comes in, and the differences are listed while the tour is still running. Queries raised after the books close are usually refused.
The existing agreements and their dates, because unrecorded deadlines are the fastest way to inherit a problem. Registration and royalty records come next, since missing works are harder to recover the longer they sit.
Start with a name, a website and one sentence about what the business does. The desk proposes the list; the music manager corrects it.