Glossary
What is ticket revenue settlement?
Ticket revenue settlement means paying the funds collected from ticket sales to the event organizer — typically on a schedule and with an accounting-ready breakdown.
What matters in settlement is when the money is paid (for example after the event or at agreed intervals) and how clearly sales, service fees and refunds are itemized. Good reporting makes reconciliation and accounting effortless.
Lippunet provides accounting-ready reports itemized by channel and ticket type, plus clear settlements, so the event's finances stay under control.
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Frequently asked questions
When is ticket revenue paid to the organizer?
For a single-date event the final payout is made within ten banking days of the event. Sales of multi-date and recurring events are paid monthly by the 15th of the following month. You can request an interim payout before the event. The exact terms are in your agreement.
Can I get money before the event?
Yes. Request an interim payout from the admin panel. You see the exact amount before you confirm. Part of the sales is withheld until the last event date to cover refunds. An interim payout is charged per the price list unless your agreement includes free interim payouts.
Do I get accounting-ready reports?
Yes. You get sales breakdowns by channel and ticket type, plus settlement reports for accounting.
More terms
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A per-ticket fee you can include in the price or charge the buyer.
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Employer-funded benefits (ePassi, Smartum, Edenred) as a payment method.
Read definitionTicketing system
Software to create events, sell tickets and check entry.
Read definitionReady to see it in practice?
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