> ## Documentation Index
> Fetch the complete documentation index at: https://docs.qlero.io/llms.txt
> Use this file to discover all available pages before exploring further.

# What is Transferred from Accounts?

> How your royalties move up from contracts to accounts and reach your payee balance.

**Transferred from Accounts** is the money that moved up into your payee balance during the period. For most artists it's the largest figure on the statement, because it's how royalties reach the balance you get paid from.

Earnings don't land on your payee balance directly. They arrive in three steps:

1. Each contract earns royalties from the period's sales, and its costs are deducted there.
2. What's left on a contract transfers up to the account it belongs to.
3. What's left on the account transfers up to you, the payee.

Each step only transfers what's actually available. A contract that's still unrecouped, where costs and advances are larger than its royalties, transfers nothing and carries its negative balance into the next period instead. That's why a period with real royalties can show a small **Transferred from Accounts**, or none at all.

Your record company can also set a threshold on a contract or account, so small balances stay put and transfer once they're worth moving.

## Next steps

* Follow the same movement on the contract and account levels in [What is the dropdown next to my name?](/artists/statements/statement-levels).
* See what the three levels mean in [What is the difference between a payee, an account and a contract?](/artists/statements/payees-accounts-contracts).