Revelator supports two ways of managing advances:
(1) on the Contract level or (2) on the Payee level.

(1) Input an advance to the Payee on the Contract level -

A. Treat the contract advance as a payment transaction to the Payee:

i. After a Payee has been created by being added to a Contract 

ii. Go to Royalties > Payees > and Select your Payee

iii. Click on Payee > Transactions > Add transaction > Payment 

iv. Enter the advance payment as a positive amount AND select the contract from the Associated contract field

B. Use the contract advance as the Payee’s opening balance:

on the Contract, enter the Payee advance as a negative amount in the Payee's Starting balance field

(2) Input a general advance to the Payee only on the Payee level -

i. After a Payee has been created by being added to a Contract 

ii. Go to Royalties > Payees and Select your Payee

iii. Click on Payee > Transactions > Add transaction > Payment

iv. Enter the advance payment as a positive amount and save

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