Musician Royalty Income Tracker Excel — royalty sources, income log, expenses, and a monthly P and L dashboard. Know what every line actually pays — and whether the month actually made money. Built for Independent…
About this template
Musician Royalty Income Tracker Excel — royalty sources, income log, expenses, and a monthly P and L dashboard. Know what every line actually pays — and whether the month actually made money. Built for Independent musicians and songwriters paid by half a dozen distributors and societies on different schedules who want one source-by-source answer for what the music earned.
$39
Excel & Google Sheets template — instant download on Etsy
Royalty Sources — Every royalty source: gross income, paid units (thousands of streams, sales, or plays), revenue per unit, add-on revenue from bonuses and bundles, total revenue, and direct production and distribution cost. Change a rate and the totals update.
Income Log — Every source line: date, source, entry, units, rate pulled from sheet 1 by formula, amount, and whether it was billable. Add-on rows are priced per entry, and free promo placements are logged as non-billable.
Expenses — every overhead cost by category (Distribution, Production, Software, Equipment, Marketing, Fees, Other), with quantity, cost per unit, and a monthly cost for each.
Monthly P and L — revenue, direct cost, distribution, production, software, equipment, marketing, fees, other and other expenses by month, Jan-Dec, with net profit and margin. Revenue is a formula from the Income Log; direct cost is a formula from sheet 1.
Dashboard — total revenue, royalty sources, units, billable vs non-billable units, units vs target, average revenue, direct cost, expenses, net profit and margin, best and weakest lines, revenue by line, costs by category, and units by line.
Cover and How to Use — start here. Yellow cells are the only ones you edit.
Quick profit check — Musician Royalty Income Tracker
Try the headline numbers for a typical month. The full template does this job by job with a monthly P&L and dashboard.
Frequently asked questions
What does the Musician Royalty Income Tracker track?
The Musician Royalty Income Tracker tracks Royalty Sources; Income Log; Expenses; Monthly P and L; Dashboard.
What do the example numbers show?
The included example shows: 12 lines; gross revenue 8,090; add-on revenue 355; total revenue 8,445; direct cost 1,980.
Does it work in Excel and Google Sheets?
Yes. The workbook works in Microsoft Excel and in Google Sheets (upload the .xlsx file to Google Drive to open it in Sheets). It is an instant digital download from Etsy — no physical item is shipped.