With DashBook, it is easy to setup one set of products that receive different types of royalties depending on the product's usage by using our Sales Channels feature.
For example, let's say that you pay 75% of U.S. mechanical for a particular song. For a 5 minute song, a 9.1 cent mechanical would be $0.06825. But if the transaction report you receive also has streams of this song paying you 2 cents, you'd lose over twice as much as you receive by paying mechanicals on streams!
So, in DashBook, you use Sales Channels such as "Sales" vs "Streams" to distinguish what happened with a song. Your royalty arrangement can then be set to 75% mechanical for all transactions on a "Sales" order, but 50% on all transactions on a "Streams" order.
So whether you are paying songwriters, publishers, or the artists themselves, DashBook can handle it.
For example, let's say that you pay 75% of U.S. mechanical for a particular song. For a 5 minute song, a 9.1 cent mechanical would be $0.06825. But if the transaction report you receive also has streams of this song paying you 2 cents, you'd lose over twice as much as you receive by paying mechanicals on streams!
So, in DashBook, you use Sales Channels such as "Sales" vs "Streams" to distinguish what happened with a song. Your royalty arrangement can then be set to 75% mechanical for all transactions on a "Sales" order, but 50% on all transactions on a "Streams" order.
So whether you are paying songwriters, publishers, or the artists themselves, DashBook can handle it.
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