Ok, you’ve had a look around, now it’s time to get you set up! Using the sidebar navigation panel, look towards the bottom, where you’ll find the Settings area. Click on the Settings directory, & then select the General page. This is where you configure the system to match your business.
Configuring Your Company
In the top left of the page, you’ll find your company configuration. This company data is used to display throughout the system, and more importantly on the statements & invoices created by Curve. Complete this to the best of your ability.
Below the top company details, you will find the statement details. Here you can customise the text that will appear on your statements, along with tax terminology and pick your statement design.
Selecting Your Base Currency
Curve works using a single base currency. But, should it be required, you can configure contracts to work in their own independent currencies. When setting up your company, you should set up the base currency to be the standard currency that you want to work in.
Curve can accommodate any currency & you can set the currency symbol which will display everywhere a monetary amount is used within the system (sales files, statements, self billing invoices etc).
You can upload your company logo & it will be used on all PDF documents you create. For the best effect, the logo should JPG of PNG format, and no bigger than 500×500 pixels. Square logos work well with the space, but rectangle logos can also work. Upload a logo, and test how it works on your statements, you can always replace it here later.
Curve is a flexible royalty system, allowing you to define how your business works. As a Record Label or Distributor, you are given five areas for configuration – Distribution Channels, Configurations, Price Categories, Sources and Cost Types. As a Publisher you are afforded three areas – Channels, Configurations and Sources.
You will have defaults set for each of these when we created your account, but these can be set to whatever you like. You should consider how your contract terms work, & how you want to present data in your finished statements, which between them should determine what values need to be set here.
Distribution Channels – this dictates the over-arching consumption model, whether that’s Digital, Physical and Licensing for a Label; or Mechanical, Performance and Sync for a Publisher
- Configurations – these are the more specific formats; such as CD, LP, Download, Stream etc for record labels; or Radio, Television, Online, Sync, etc for publishers. You could consider how far you want to break down your revenues for greater detail, perhaps including Ad Funded Streaming vs. Subscription Streaming. The information you set here will be valuable to make reporting more in-depth later on
- Price Categories – these are used traditionally within royalty style deals, to define the price point that something was sold by. But these can be used in other ways too, allowing for the categorisation of returns, if you need to handle them differently
- Sources – Sources allow you to define different percentages in your contract terms for how revenues are generated. For instance, publishers can use this to manage different rates for revenue from specific PROs, or record labels can this to define different rates for different DSPs
- Cost Types – when dealing with costs, defining a range of types can help you to understand your business better, & categorise your costs for a clear understanding where your money is being spent. These Cost Types will also be used in your contract terms
Next we’ll define the main processes involved in managing royalties within Curve, & the order we suggest you follow for the simplest approach.