Editing existing recoupments

You may edit existing recoupments by:

• Adding Releases
• Editing Participants
• Adding Expenses
• Adding Credits

Adding Releases

To recoup royalties from an additional release for an existing recoupment, navigate to the recoupment hub page. Once you are on the recoupment hub page, click the + Add Releases button.

This will open the Add Releases drawer. 

Releases can be added in the same manner as when you added releases to begin a recoupment. 

Once you added a release, it will appear in the Recouping from card on the recoupment hub page with a status of Pending as royalties have not yet begun recouping. Royalties will start recouping during the next royalty period. 

The added releases will have a status of Recouping after the next royalty period opens. 

Remove Releases

If you wish to no longer recoup royalties from a release added to a recoupment, you have the option to delete it. To delete a release from a recoupment, navigate to the hub page.  There will be a trash can icon in the action column in the Recouping from card. You will be prompted to confirm your choice. 

Click Yes, Remove to remove the release from the recoupment. The release will no longer appear in the table on the recoupment hub. For the next royalty period, royalties will begin to flow to participants enrolled in SplitShare and will not count toward recoupment. 

Edit Participants

You can edit which participants’ shares on selected releases should pay off the recoupment expenses at any time. Changes to participants will go into effect next royalty period.

To update participants, click the Edit Participant button on the Recouping from card.

This will open a drawer of all participants with a split on selected releases.

Select whether or not a participant should pay back the expense:

• Yes - The participant’s share will pay back the recoupment expenses. For shared expenses, you can select "Yes" for the account that set up the recoupment.
• No - The participant’s shares will be paid out as normal.

Click Save to finalize your selections. The Recouping from card will update to show the updated participants' selections.

Adding Expenses and Credits

You have the option to increase or decrease the remaining recoupment amount by adding:

• Expenses: These are additional expenses incurred by the account owner that will be repaid via participants’ royalty shares on selected release.
• Credits: These are negative values that will decrease the recoupable amount. Credits can be used to:
  • Reduce any expenses that should not be charged to your contributor.
  • Account for any earnings outside of Symphonic (like merch sales).
  • End a recoupment early.

To add an expense or a credit, click Edit on the 'Expenses & Credits' card from the hub page.

This will open a modal that shows existing expenses and credits. To add a new expense or credit, click New.

This will open a new line that allows you to:

• Select type
  • Expenses will be positive amounts
  • Credits will be negative amounts
• Enter name
• Enter amount

 

After entering the required information, click Save. You are restricted from reducing the remaining recoupable amount below $1.00.  

 

New expenses and credits will appear on the card and be factored into the progress. 

 

 

Added expenses and credits may be deleted or have their amount edited using the Edit button until the royalty period closes. At that point, the expense and credits will be locked. Locked expenses and credits are identified by the lock icon and the gray background