Skip to main content
Deal Tab

Managing Financial Deals in ABOSS

Thomas van Beek avatar
Written by Thomas van Beek
Updated over a month ago

The Deal page in ABOSS allows you to create comprehensive financial deals for each event in your calendar. By entering information such as Gross Fees, commissions, taxes, and ticket sale upsides, these details are available throughout the system to generate contracts, invoices, and artist statements, making event finance management efficient and transparent.


Table of Contents

  1. Deal Type, Guaranteed Fee & Ticket Percentage

  2. Bonuses

  3. Booking Fee & Commission

  4. Taxes

  5. Costs

  6. Deal Files

  7. Artist Statement

  8. Venue

  9. Tickets

  10. Notes


1. Deal Type, Guaranteed Fee & Ticket Percentage

The top row of your deal contains the core structure: Deal Type, Guaranteed Fee, and/or the percentage of ticket revenue. You can choose from a variety of deal structures such as Flat Fee, Guarantee, Guarantee +, Guarantee vs., or Door deal.
For more details, explore the different deal structures available in this article.

2. Bonuses

ABOSS enables you to add Bonuses to your deal, which are activated when specific conditions are met. Each bonus contains a trigger point (e.g., total tickets sold) and the bonus value (e.g., additional revenue per ticket).
โ€‹Example: Add a bonus of $2 for each ticket sold after 250 tickets, resulting in a $100 bonus when 300 tickets are sold.
(300 tickets sold - 250 tickets) = 50 tickets * $2

Learn more about setting up bonuses.

3. Booking Fee & Commission

The Booking Fee can be calculated as either a percentage or a fixed amount, which is deducted from the Gross Fee.

The Commission can also be calculated as a percentage or a fixed amount and is deducted from the Nett Fee. You can choose to calculate the commission either before or after withholding tax.


Note: If both a percentage and an amount are entered, the system will use the percentage for the calculation.

4. Taxes

You can add the General VAT %, Booking Fee VAT %, and Ticket VAT % to your deals. Both the General and Booking Fee VAT percentages will be used when generating invoices. The Ticket VAT % affects the Upside and Potential Upside calculations.
โ€‹Example: A Nett ticket price of $25.00 with a Ticket VAT of 7% results in an upside calculation based on $23.36 per ticket.

If the deal is subject to Withholding Tax, select the "Subject To Withholding Tax" checkbox and enter the withholding tax percentage. ABOSS offers several methods for calculating withholding tax:

  • WT over Gross Fee

  • WT over Gross Fee - Costs

  • WT over Gross Fee - Booking Fee

  • WT over Gross Fee - Costs - Booking Fee

5. Costs

The Costs section allows you to specify expenses related to the event, such as Flights, Hotels, and Catering, and indicate who is responsible for the payment. You can select Artist, Agency, or Artist/Agency as the payer, and these costs will appear in the Artist Statement.

6. Deal Files

You can upload important financial documents in the Deal Files section. These files are only visible to users with the appropriate permissions, making it a secure way to archive contracts, invoices, and other deal-related documents.

7. Artist Statement

The Artist Statement provides a simple overview of the financial outcome of your deal. If you need to see how a value is calculated, simply hover over the value to display the detailed calculation.

8. Venue

The Venue section provides information about the event's location, including venue capacity and expected visitors. This section allows you to input important venue-related data, such as rental fees and operational costs.

If an event is Sold Out, you can check the box here.

9. Tickets

The Tickets box displays a summary of your ticket sales, including total sold tickets and your potential upside. You can also input information like the venue costs, venue capacity, ticket price, and whether the event is sold out. These values can be displayed through the API integration.

10. Notes

Use the Notes section to include any important details or reminders related to the deal. These notes can be useful for (internal) communication or for keeping track of specific aspects of the deal.

Did this answer your question?