The books
Accounting for artists

accounting1As an artist you are a business. Besides giving amazing concerts and making the best music there’s also a necessary evil called accounting. Maybe not the sexiest way to spend your time, but we promise: you will pick the fruits.

What is accounting?

Accounting is about keeping track of your money: how much is coming in and how much is going out. The books you keep must show:

1.    Income - all the money that comes into the band (gigs, sponsoring, merchandise sales, …)
2.    Expenditure - all the money that is spent by the band (bank charges, catering, transport, …)
3.    Balance - the money that is left over at the end of each month

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