Show Costs are show related expenses that need to be included in the Show Settlement. There are multiple Cost Types you can select from the Show Cost area of the Settlement page to dictate where the Show Cost is applied. Below is a breakdown of these Cost Type options:
Off Top deducts the Show Cost from the Total Gross. Select this Cost Type if neither party (Artist or Venue) should be reimbursed for the expense. When a Show Cost is deducted from the Gross, it is as if the funds were never collected. The Adjusted Gross will reflect this deduction.
Off Bottom pulls the Show Cost out of the Total Cash On Hand, after the Adjusted Gross and all splits have been calculated. If this Cost Type is selected, the Show Cost will be deducted from the Cash From Show.
Off Top Paid to Artist or Venue:
Off Top Paid to Artist or Venue should be selected if the Show Cost should be deducted from the Total Gross but is reimbursed/paid back to either the Artist or Venue to recoup the incurred expense. In this instance, the Show Cost will be pulled from the Gross to calculate the Adjusted Gross, splits are calculated, and then the Show Cost is added back into the Artist or Venue Settlement. The most common Show Cost for this category is "Bootleg" which in most cases should have Off Top Paid to Venue selected.
Paid to Venue:
Paid to Venue should be selected if the Show Cost is to be paid to the Venue out of the artist settlement.
Tax Withholding should be selected if the Venue is retaining additional taxes in addition to the Sales Tax. Selecting the Tax Withholding Cost Type will pull the cost from the Artist Settlement and apply it to the Venue Settlement.
Shipping should be selected if the there are shipping costs incurred by the Venue that must be recouped. Selecting the Shipping Cost Type will pull the cost from the Artist Settlement and apply it to the Venue Settlement.