Payee Share vs. Payee Balance

The payee share is the net amount of particular release/contract, multiplied by the payee's split %. 

Because the net is determined solely by income and expenses, payee share gives everyone a good understanding of how a particular release/contract is faring with respect to that payee, without having to consider what advances/ transfers have occurred. 

The payee balance, on the other hand, is the payee share plus any advances/transfers. This lets us keep advances/transfers separate, while still accounting for them when determining whether and when a payee has a balance due. 

To illustrate why we want to see and consider both, take this example:

$10,000 income
-$5000 expenses
= $5000 net
50% payee split
= $2500 payee share
-$10,000 advance
= -$7500 payee balance

... if you're only considering the payee balance, it may seem like this release is doing poorly, when in actuality it is heading in the right direction. If you're only considering the payee share, it may seem as though a balance is owed, when in actuality that's still a ways off. 

Keeping both concepts at hand gives us the flexibility to consider each perspective, all while keeping the accounting crystal clear.