MUSIC BIZ FINANCE

ASSETS

Cash – bank account

Cash on hand

PayPal

Royalties’ receivable

Accounts receivable

Inventory – CDs

Inventory – T-shirts

Inventory – Vinyl

Inventory – Merchandise other

Prepaid expenses and deposits

Music equipment

Computer equipment

Vehicle

Other assets

 

LIABILITIES

Accounts payable

Credit card payable

Loans payable

Advances payable

 

 

INCOME

Royalties

CD Sales

Digital sales

Merchandise sales

Publishing revenues

Live shows fees

Crowdfunding revenues

Sponsorship

Grants and subsidies

 

EXPENSES

Cost of goods sold

Salaries and benefits

Contractors

Management fees

Production

Venue Rental

Musicians

Rehearsal

Equipment rental

Software

Computer/IT

Web Hosting

Web Development

Interest and bank charges

Rent

Dues & memberships

Telephone and telecommunication

Supplies

Meals & Entertainment

Marketing and promotion

Graphic design

Radio tracking

Public relations

Travel

General expenses

Utilities

Legal

Accounting

Insurance

Rent