Royance — Service Three
Know exactly where
your advance stands
and what your licences earn.
Advances, recoupment, and licensing income are often the most opaque part of a creator's financial picture. This service brings them into focus — clearly, quarterly, and in plain terms.
What This Delivers
A quarterly report that shows your full licensing and advance position.
Advances, recoupment thresholds, net licensing income — this service tracks each element and presents your position clearly, every quarter, without requiring you to piece it together yourself.
Advance & recoupment tracking
A clear view of where each advance stands — how much has been recouped against it, what remains, and what that means for income flowing to you going forward.
Licensing income by agreement
Each active licence tracked separately — what it has earned, how fees or royalties have been applied, and what the net position looks like across the quarter.
Quarter-on-quarter overview
Each report sits alongside the previous one, so you can see how your position has shifted — which licences are maturing, where recoupment is progressing, what has changed.
Plain explanations throughout
Advances and recoupment mechanics are often poorly explained elsewhere. We set out what each figure means in terms you can follow — and that your advisors can act on if needed.
A Particular Complexity
Advances and licensing income are rarely self-explanatory.
An advance that has not yet recouped affects whether royalties flow to you — but knowing precisely where that threshold stands, quarter by quarter, requires careful tracking that most creators simply do not have the time to maintain.
Licensing agreements add another layer. Each deal may have different fee structures, territories, and payment schedules. Without a single, consolidated view, the picture stays incomplete.
This service exists to keep that picture current and legible — so you are never left estimating your own position.
Where the gaps tend to appear
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Uncertainty about how far an advance has recouped and what that means for current earnings
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Licensing income spread across agreements with different reporting periods and formats
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No clear aggregate view of what all active licences have earned across a given period
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Going into conversations with publishers or licensees without a clear, independent figure to reference
Our Approach
Quarterly reports built around your agreements, not a generic model
The structure of your report reflects your specific deals. We read your agreements, map the income and advance arrangements they contain, and report against them — not against a template.
We map your advances and licences
We begin by reading your relevant agreements — understanding the advance amounts, recoupment terms, licensing structures, and payment schedules that apply to your situation.
Income and recoupment are tracked through the quarter
As statements arrive during the quarter, we record licensing income against each agreement and track recoupment progress against each advance — keeping a running picture throughout.
Figures are checked and contextualised
Where income received differs from what the agreement suggests, this is noted. Where recoupment mechanics are complex, we add a plain explanation so the figure makes sense without specialist knowledge.
Your quarterly report is delivered
A clear document setting out your advance positions, licensing income, and overall position — ready to read, share with your accountant or solicitor, or simply keep on file.
What Working Together Looks Like
A steady quarterly rhythm — with you in control
Once the initial setup is done, the ongoing process is designed to require very little from you.
You share as they arrive
Forward statements and any relevant correspondence as they come in during the quarter. Nothing needs to be prepared or reformatted on your side.
We track through the quarter
Income is recorded, recoupment is updated, and any notable developments are noted as they arise. We keep the register current so the quarterly report is straightforward to produce.
Your report arrives at quarter end
A complete, clearly written report lands in your inbox — your advance and licensing position summarised, with context where it is needed.
We keep the figures transparent and leave decisions with you and your representatives. Our reporting is designed to inform — not to prescribe. What you do with the picture we provide is entirely your own choice.
Investment
Quarterly pricing — fixed and transparent
One quarterly fee covers the full tracking, review, and reporting service. No variable charges based on the number of agreements or territories involved.
Licensing & Advance Reporting
$360
per quarter
What is included
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Quarterly tracking of advance recoupment across all relevant agreements
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Licensing income recorded by agreement, territory, and period
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Clear quarterly report with advance positions and licensing income summary
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Plain-language notes on any figures that need context or explanation
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Quarter-on-quarter comparison so changes in position are visible
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Email support for questions about your report within two working days
If your situation involves a particularly complex set of agreements or a large catalogue, please reach out before committing — we are happy to discuss what the work would involve and whether the standard fee applies.
How We Work
Steady, methodical work — with nothing left to inference
Reporting on advances and licensing income requires consistency as much as care. Here is how we approach that.
Agreement-by-agreement structure
Each deal is tracked on its own terms. We do not pool advances across agreements unless the contracts themselves provide for that. The picture we build reflects your actual arrangements.
Recoupment explained, not assumed
Where recoupment mechanics are complex — cross-collateralisation, territory-specific rates, stepped thresholds — we explain how they work and how we have applied them. Nothing is left implicit.
Realistic framing of timelines
We report where your advance stands now, based on the figures available. We do not project future recoupment timelines — the variables involved make such projections unreliable, and we prefer not to present them as though they are not.
Built for your advisors too
The quarterly report is written so it can be handed to your accountant, solicitor, or literary agent without additional explanation from you. A useful document for any conversation about your position.
Our Commitment
Transparent figures and plain language — every quarter, without fail.
The value of a quarterly report depends on its consistency. We commit to delivering the same care and clarity each time — a report that reflects your actual position, explains what the figures mean, and arrives when expected.
Delivered on schedule
Your quarterly report arrives within an agreed window at the close of each quarter. If anything delays it, we will let you know in advance.
Questions answered
If something in the report is unclear or raises a question, we respond within two working days. The fee includes a follow-up exchange each quarter.
Confidential throughout
Your agreements, advance details, and licensing figures are handled with complete discretion and are not shared with any third party.
If you would like to discuss your situation before deciding whether to proceed, we welcome that conversation. There is no obligation attached to getting in touch.
Getting Started
From your agreements to a clear quarterly picture
The initial setup takes a little time but is straightforward once we have the documents we need.
Send us a message
Use the contact form to get in touch. A brief description of your situation — the type of agreements you hold and roughly how many — is a helpful starting point.
We discuss your situation
We respond within two business days. We may have a few questions about your agreements before confirming the scope — particularly if your situation involves multiple advances or complex licensing structures.
You share your agreements and statements
We read your relevant contracts and any statements you have received. From these we build the structure of your quarterly report and establish the starting position for each advance and licence.
Your first report arrives
At the close of your first quarter with us, your report is delivered. From then on, the process continues at its quarterly rhythm — steady, reliable, and as simple as possible on your end.
Other Services
Explore other ways Royance can help
Our other services address different aspects of royalty accounting and may complement this one depending on your situation.
Monthly
Royalty Income Tracking
Careful tracking of royalty income across publishers, platforms, and licensees, gathered into clear monthly statements so you can see what each right earns.
Per Statement Cycle
Statement Review & Reconciliation
A respectful review of the royalty statements you receive, reconciled against your contracts and expectations, with plain notes on anything worth a closer look.
Ready When You Are
A clear view of your advance and licensing position is within reach.
If you would like to understand what a quarterly licensing and advance report would look like for your situation, we are happy to have a quiet conversation first — no pressure, no commitment required.
Get in Touch