The sheet is the document that decides how much actually crosses to your client. Every line is a negotiation that already happened, your job now is to check the arithmetic.
A settlement sheet arrives at the end of the night, or, for larger tours, the morning after. It is the promoter's account of the whole box office: what was sold, what was deducted before the split, and what the artist is owed.
The promoter fills it in. They have every incentive to apply their own numbers.
A well-advised touring party never accepts the promoter's arithmetic without checking every line against the deal memo. At the typical 1,200-cap headline show, a misread deduction or a wrong gross potential can shift the net settlement by thousands of pounds.
This episode walks the sheet from gross potential at the top to net to artist at the bottom, and tells you which lines to challenge.