ABCDEFGHI
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Sandbox by Infinite Catalog!
Read the breakdownWatch the video
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Period #1Period #2Period #3
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EventsEventsEvents
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Artist receives advance from Catalog
Release generates income
Catalog pays out the previous balance
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Catalog pays for expenses on behalf of Release
Release continues to generate income
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StatementStatementStatement
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Income$0Income$3,000Income$2,000
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Expenses-$500Expenses$0Expenses$0
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Net-$500Net$3,000Net$2,000
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Payee Split50%Payee Split50%Payee Split50%
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Payee Share-$250Payee Share$1,500Payee Share$1,000
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Previous Balance$0Previous Balance-$1,250Previous Balance$250
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Transfers-$1,000Transfers$0Transfers-$250
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Payee Balance-$1,250Payee Balance$250Payee Balance$1,000
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ScenarioTotalsTo add a new period:
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- 50/50 deal w/ advanceIncome$5,000
- insert three columns to the right
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Expense-$500
- copy/paste the above box
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Net$4,500
- change the period # and amounts
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Payee Share$2,250
- Previous Balance will update!
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Transfers-$1,250
- pay down balances w/ Transfers
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Payee Balance$1,000
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Payee Earnings$2,250transfers + (positive) balances
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Catalog Earnings$2,250net + transfers - (positive) balances
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