Advances and expenses
Manage author advances, shared expenses, and royalty donations in Royalties HQ.
Royalties HQ handles the financial complexity behind advances, shared costs, and inter-author donations, so your royalty statements stay accurate without manual adjustments.
Advances
Many publishers pay authors before a book earns anything. Tracking those pre-sales payments and recouping them from future royalties can get messy fast.
With Royalties HQ, you can:
- Record advance payments against a rights holder or specific title
- Let the system automatically recoup advances from earned royalties over subsequent periods
- Monitor outstanding balances at a glance
Expenses
Publishing a book often means splitting costs (editing, cover design, marketing) between the publisher and one or more rights holders.
With Royalties HQ, you can:
- Log shared expenses and assign them to the relevant rights holders
- Define how costs are split between the publisher and each rights holder
- Set up recurring expenses for ongoing costs that repeat each royalty period
Donations
Sometimes royalties need to flow between rights holders. An author might donate a percentage to a co-author, illustrator, or charity.
With Royalties HQ, you can:
- Create donation rules that automatically transfer a percentage of one rights holder’s royalties to another
- Set caps to limit the total amount donated
- Keep a clear audit trail of every transfer
Step-by-step guides are available inside Royalties HQ. Look for the ? icon top-right.