Payment Schedule

Understanding when and how you get paid helps you plan your finances. This guide covers LabelGrid’s payment schedule, thresholds, and methods.

Payment Timeline

How Royalties Flow

Streaming/Sales → Platform Reports → LabelGrid Processing → Your Payment
     ↓                   ↓                    ↓                  ↓
  Month 1            Month 2-3            Month 3-4           Month 4+

Why Payments Take Time

Platform reporting delay - Stores report 30-60 days after streams
Processing time - We verify and process reports
Payment cycle - Payments issued on schedule

Typical Timeline

Event	Timing
Music streamed	Month 1
Platform reports to us	Month 2-3
We process and verify	Month 3
Payment issued	Month 4

Example: Streams from January are typically paid in April or May.

Payment Schedule

Regular Payment Cycle

Payments are processed monthly:

Action	Timing
Statement generated	1st of month
Review period	1st-10th
Payments initiated	10th-15th
Funds arrive	15th-25th (varies by method)

Payment Months

Payments are issued every month for earnings that have cleared the reporting period and met the minimum threshold.

Minimum Payment Threshold

Standard Threshold

You must earn a minimum amount before payment is issued:

Currency	Minimum
USD	$25.00
EUR	€25.00
GBP	£20.00

If You Don’t Meet Threshold

Earnings roll over to the next month
They continue accumulating until threshold is met
No earnings are lost

Checking Your Balance

View your current balance and pending earnings in:

Dashboard → Royalties
Statements section

Payment Methods

Available Methods

Method	Processing Time	Fees
PayPal	1-3 business days	PayPal fees may apply
Bank Transfer	3-7 business days	Varies by bank/country
Wire Transfer	3-5 business days	Wire fees may apply

Setting Up Payment Method

Click your profile icon in the top-right corner
Select My Account
Click Billing Information in the sidebar
Add your payment details
Click Save to confirm

Payment Method Requirements

PayPal:

Verified PayPal account
Email address must match

Bank Transfer:

Account holder name
Bank name
Account number / IBAN
Routing number / SWIFT/BIC
Bank address (for international)

Currency and Conversion

Base Currency

Royalties are calculated in the currency of each streaming platform, then converted to your payout currency.

Exchange Rates

Conversion happens at time of payment processing
Market exchange rates are used
Small currency conversion fees may apply

Receiving in Different Currency

If your bank account is in a different currency than USD:

Your bank may convert at their rate
Consider using a multi-currency account

Statements and Reports

Monthly Statements

Each month you receive:

Summary of earnings by platform
Breakdown by release/track
Deductions (if any)
Net payment amount

Accessing Statements

Go to Royalties in your dashboard
Select Statements
Choose the month/period
Download PDF or CSV

Statement Details

Statements include:

Gross earnings
Platform breakdown
Territory breakdown
Track-level detail
Any applicable fees
Net payout amount

Holds and Delays

Reasons for Payment Holds

Payments may be delayed if:

Reason	Resolution
Missing payment info	Update payment details
Verification needed	Complete ID verification
Disputed earnings	Wait for resolution
Account under review	Contact support
Below threshold	Wait until threshold met

Releasing Holds

Check your account for notifications
Complete any required actions
Contact support if unclear
Payments resume once resolved

Tax Information

Tax Withholding

Depending on your country and tax status:

US withholding may apply to non-US persons
Tax treaties may reduce withholding
Provide W-8/W-9 forms as applicable

Tax Documents

At year end, you may receive:

1099 forms (US)
Earnings statements for your records
Platform-specific tax documents

Your Responsibility

Report earnings to your tax authority
Keep records of all statements
Consult a tax professional if needed

Splits and Multiple Recipients

If You Have Collaborators

When royalties are split between multiple parties:

Each person’s share is calculated automatically
Each must meet their own threshold
Payments go directly to each party

Setting Up Splits

Configure splits when:

Adding tracks with multiple writers
Setting up collaborator payments
Assigning label/artist shares

Troubleshooting

Payment Not Received

Check threshold - Have you met the minimum?
Verify payment info - Is it correct and complete?
Check processing time - Allow full processing period
Review statements - Was payment issued?
Contact support - If still missing after expected time

Earnings Seem Wrong

Review statement details - Check track-level breakdown
Understand timing - Earnings may be from earlier period
Check all platforms - Some report slower than others
Compare to analytics - Note analytics vs. earnings differences
Contact support - For unexplained discrepancies

Payment Method Issues

PayPal: Ensure email matches, account is verified
Bank: Verify all details are correct
International: Check SWIFT/BIC codes
Failed payment: Update info and contact support

FAQ

”When will I get paid for streams from this month?”

Typically 3-4 months later. Platforms report with a delay, then we process and pay.

”Why is my payment less than expected?”

Check your statement for: platform fees, currency conversion, splits with collaborators, or timing differences.

”Can I get paid faster?”

Payment timing is determined by when platforms report to us. We pay as quickly as possible after receiving reports.

”What if I change my payment method?”

Update your payment info before the payment processing date. Changes after processing may delay that month’s payment.

Need Help?

If you have questions about payments or your earnings, contact our support team.