> ## Documentation Index
> Fetch the complete documentation index at: https://docs.fanhaven.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Settlements

> Finalize event financials and settle with venues and partners.

**Settlements** are the final financial reconciliation for each event. They bring together sales revenue, expenses, splits, and adjustments into a single, clear picture of what each party is owed.

## What's in a settlement?

A settlement includes:

| Component          | Description                                       |
| ------------------ | ------------------------------------------------- |
| **Gross sales**    | Total revenue from all transactions at the event  |
| **Refunds**        | Money returned to fans                            |
| **Net sales**      | Gross sales minus refunds                         |
| **Tax collected**  | Total tax from transactions                       |
| **Tips**           | Total tips collected                              |
| **Payment splits** | How revenue is divided between artist and venue   |
| **Expenses**       | Event-specific expenses                           |
| **Adjustments**    | Manual adjustments (credits, debits, corrections) |
| **Net settlement** | The final amount each party receives              |

## Settlement workflow

<Steps>
  ### Event completes

  After the last sale is processed and count-out is done, the event is ready for settlement.

  ### Review the settlement

  From the dashboard, go to **Finance** and review the settlement summary for the event. Verify that:

  * Transaction totals are correct
  * Refunds and adjustments are accounted for
  * Split percentages match the agreement
  * Expenses are properly assigned

  ### Approve the settlement

  Once everything checks out, approve the settlement. This locks the financial data for the event.

  ### Distribute funds

  Based on the settlement, funds are distributed:

  * **Venue share** — Routed through Stripe (if connected) or settled manually
  * **Artist share** — Available in the artist's Stripe balance for payout
</Steps>

## Settlement reports

Generate a **Settlement Report** for any event to get a formatted document suitable for:

* Venue settlement meetings
* Label or management review
* Tax records
* Audit trail

The settlement report breaks down every line item and calculation, providing full transparency into the numbers.

## Settlement summary

At the tour level, the **Settlement Summary** aggregates data across all events:

* Total revenue across the tour
* Total expenses
* Total splits paid to venues
* Net artist earnings
* Unsettled events (events still pending settlement)

<Info>Settle events promptly after each show. The longer you wait, the harder it is to reconcile discrepancies. Aim to review and approve settlements within 48 hours of each event.</Info>

## Disputed settlements

If there's a disagreement with a venue about the settlement (e.g., disputed split amounts or missing adjustments):

1. Pull the **Settlement Report** for the event
2. Review the transaction-level detail
3. Compare against the venue's records
4. Make adjustments as needed and re-approve

The audit trail in Fanhaven tracks every change to settlement data, so there's always a record of what was modified and by whom.