How your profit is worked out
giggd works everything out from your point of view: what you take home and what you spent.
Just me gigs
Section titled “Just me gigs”| Figure | How it’s worked out |
|---|---|
| Expected profit | Your fee + additional income − your expenses |
| Actual profit | What you received − your expenses |
Example: $500 fee, $60 fuel = $440 expected profit.
Whole band gigs
Section titled “Whole band gigs”For band gigs, expenses are either personal (yours alone) or shared (split between the band).
For each shared expense:
- your share = the expense ÷ the number of people
- if you paid more than your share, the difference is owed back to you
- if you paid less than your share, the difference comes off the gig total before the split
Worked example
Section titled “Worked example”Band total $1,000, split between 4. Expenses:
- Fuel $100, shared. You paid all $100.
- Accommodation $200, shared. The band paid it from the fee, so you paid $0.
- Your own dinner $20, personal.
| Payment card row | Amount | Why |
|---|---|---|
| Main band payment (4 people) | $1,000.00 | |
| Your share of total pay | $250.00 | $1,000 ÷ 4 |
| Your share of shared costs (off the total) | −$50.00 | Your quarter of the $200 accommodation |
| Reimbursement owed back to you | +$75.00 | You paid $100 fuel; your share was $25 |
| Your expected take | $275.00 | What should land in your hand |
| Expected profit (after your costs) | $155.00 | $275 − the $120 you paid out (fuel $100 + dinner $20) |
The Expenses card totals show Total recorded $320.00, You’ve paid out of pocket $120.00, Your share coming off the gig total $50.00 and Owed back to you $75.00.
If you’re then paid $260, giggd shows Actual profit $140.00 and You were paid $15.00 less than agreed.
Dashboard figures
Section titled “Dashboard figures”| Figure | Meaning |
|---|---|
| Received | Total actually received. |
| Profit | Actual profit on paid gigs, after expenses. |
| avg per gig | Average expected take. |
| margin | Average profit as a share of what you received. |
| on stage | Profit per hour on stage, from Set length. |
Select View insights for plain-English takeaways, such as how much of every $100 is yours after expenses, and your biggest cost.