Basic Concepts
What is a commission split?
Commission splits are used to separate the performance and booking fees to display how much is owed to the artist and/or agent.
What is a Tax Rate?
Is the percentage at which a business or person is taxed.
What is Guarantee?
The Guarantee is total booking amount excluding tax that is being charged to the purchaser.
What is a “Booking Fee”?
The Booking Fee is the commission fee corresponding to the agency.
What is an “Artist Fee”?
The “Artist Fee” is Commission fee corresponding to the artist(s).
What is “On Top"?
“On Top” refers to the additional charge above the original offer price. For example, an offer amount of $1,000 plus 15% agency fee “On Top” would have a SubTotal of $1,150. An agent or agency can choose to include their fee in the offer amount or as added “On Top.”
Managing Presets and Settings
Where can I set a default booking fee percentage or amount for a specific artist that automatically applies to their bookings?
Your preset settings are listed in the Agency Admin Panel on the left-hand side under Invoices, Offers, and Payments, in the Artist Commissions section.
Where do I set my Tax Rate Presets?
Your Tax Rate settings are listed in the Agency Admin Panel on the left-hand side under Invoices, Offer and Payments > Tax Rates.
How many Tax Rates can I add and why?
You can add as many as you need. We’ve made it convenient for agencies that work with international talent buyers as most countries will have different tax rates.
Where can I find Tax Rates (VAT) for European countries?
You can find them in the European Commission website
Can I save a default for a deposit percentage?
Yes you can! This can be done in the invoice presets under Payments > Presets. You can select a preferred default preset or set a custom one.
Can I save a default due date for deposits and balances?
Yes! To set a default due date for deposits and balances visit the Agency Admin Panel. On the left-hand menu go to Payments > Presets and set the dates for each invoice as needed.