ROYALTY ACCOUNTING

Music royalty accounting software works out what each artist and label earns from streaming and download royalties, contributors included, then reports it. As record label accounting software, it also carries the label-side ledger: expenses and recoupment, with reporting by label. LabelGrid handles that accounting: incoming DSP payments are processed, your configured splits and recoupment are applied, and the per-artist statements you generate come out transparent and already reconciled. No more spreadsheets, no more guessing. It scales from a solo artist to a distributor running dozens of labels, and it is the same accounting engine either way.

CONFIGURABLE SPLITS

It takes the money DSPs pay and turns it into accurate statements and balances for everyone owed a share. You configure royalty splits once, per release or per track. When DSP payments arrive, LabelGrid calculates each party’s share automatically and your label keeps the remainder, and the same configuration handles every cycle with no manual recalculation. Automated splits are included from the Basic plan up and cover your LabelGrid distribution earnings. Direct-deal (SOBO) and hybrid catalogs report into the same statements, each tracked separately with per-DSP breakdowns.

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TRANSPARENT REPORTING

Yes. Every statement shows DSP-level detail: which platform, how many streams, what rate, and what each party earned, broken down by release and track. Royalties are calculated in each platform’s own currency, then converted to your payout currency. Multi-currency earnings stay accurate. Export a statement as a PDF to send to the artist, or pull transactions as CSV for your books. Statements go out under your own label’s identity in front of your artists, with your logo and your label name, from the Pro plan up. Artist statements are part of Artist Payouts, included from Basic ($199/year) up. No black boxes, no guessing.

EXPENSE TRACKING

Log what you spend on recording and mixing, plus mastering and marketing, against the specific release it belongs to. Earnings are credited to each artist by their split, then those costs reduce the artist’s balance, and recoupment runs every payment cycle until it clears. Your artists see exactly where they stand: what was spent, what was earned, and what they’re still owed. That transparency is what builds trust on a roster. Automated splits start on the Basic plan. The expense ledger and artist statements come with Artist Payouts from that same tier, from $199 per year with no per-release fees.

PAYOUTS & ANALYTICS

LabelGrid pays your own cleared royalties out monthly by bank transfer or wire. There is no minimum payout threshold. Roster payments run on your own rails. LabelGrid builds the payment request from the approved statement, you send it from your own bank, then you mark it paid so the ledger and the artist’s balance update in the same step. You keep control of the funds; the accounting stays reconciled. Retention depends on your plan and deal type: 85% on Solo and Basic, 90% on Pro, up to 100% on Custom. If your label holds its own Merlin Network membership or its own direct DSP feed contracts, LabelGrid delivers under your agreements via SOBO on Custom and API plans, and you keep 100% on that catalog. LabelGrid-feed, direct-deal (SOBO) and hybrid catalogs all report into the same statements, each tracked separately with per-DSP breakdowns. The dashboard updates earnings by DSP and release, right down to the track. Advanced analytics comes with every standard plan, and white-label reporting starts at Pro. Accounting reads straight from your catalog, and the same processing runs through the white-label REST API for distributors. The artist payouts guide walks through setting up accounts and the payment workflow.