Music Production & Studio Accounting Software | HelloBooks.ai Accounting software for recording studios and music producers: studio time income, royalty receivable (PRS/IPRS/ASCAP), master recording assets, and mechanical royalty payable.
HelloBooks.ai is accounting software for recording studios and music production businesses running studio bookings alongside royalty collections — not a generic services ledger asked to guess at the split after the fact. Studio Time Income from booked sessions behaves completely differently from amounts collected through PRS, IPRS or ASCAP, and blending them into one number hides which side of the business is actually paying the bills. HelloBooks keeps Studio Time Income and royalty collections on separate lines, tracked against the Royalty Receivable account, so the mix is visible at a glance instead of buried in a collection-society statement.
Master recordings get the same attention. A master recording is typically a significant, long-lived asset rather than a one-time production expense — where your accounting policy treats it as capitalizable, HelloBooks supports tracking Master Recording (Intangible) as its own fixed asset, with an amortization schedule, instead of expensing the full production cost the month it's recorded.
Royalty tracking is where a generic ledger falls short for this industry. Money flows both ways: Royalty Receivable tracks what PRS, IPRS or ASCAP still owe you, while Mechanical Royalty Payable tracks what you owe songwriters and publishers for mechanical reproduction rights on each release. HelloBooks tracks both as their own accounts, so neither side gets lost in a single blended royalty number.
Music production accounting software for studio time income, royalty receivable and master recording assets
Music Production BookkeepingBuilt for studio bookings and royalty statements alike.
See Studio Time Income next to collections from PRS, IPRS and ASCAP, with Royalty Receivable and master recording assets tracked as their own accounts.
- Studio Time Income and royalty collections tracked as separate lines, not one blended total.
- Royalty Receivable (PRS / IPRS / ASCAP) tracked by society, so you know who owes what.
- Master Recording (Intangible) trackable as a fixed asset, separate from Mechanical Royalty Payable.
Live-style mockup · revenue mix & royalty receivable
A master recording can be an asset, not just a production bill.
A master recording is typically a significant, long-lived asset rather than a one-time cost. Where your accounting policy treats it as capitalizable, HelloBooks supports tracking Master Recording (Intangible) as a fixed asset with its own amortization schedule, instead of expensing the full production cost in the month it's recorded.
- Master Recording (Intangible) tracked per title, with capitalized cost and net book value.
- Amortization scheduled per your accounting policy, instead of a single upfront expense.
- Fully amortized titles visible at a glance, alongside recently capitalized ones.
Money flows both ways — track it that way.
Royalty Receivable tracks what PRS, IPRS or ASCAP still owe you. Mechanical Royalty Payable tracks what you owe songwriters and publishers for mechanical reproduction rights on each release. HelloBooks keeps both as their own accounts, so neither side gets lost in a single blended number.
- Royalty Receivable tracked by collection society and by title.
- Mechanical Royalty Payable tracked per rights holder, at each title's contracted terms.
- Studio Time Income kept separate from both, so session revenue isn't lost in royalty noise.
Music Production — Frequently Asked Questions
Answers to how HelloBooks fits into your studio or production business.
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