Studio setup step 4: How you work with artists

Revenue split: each payment is split automatically between the artist's Stripe account and yours, after the cancellation window. Set Artist gets (default) in %. Studio gets the rest.
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Workstation rent: artists get the full payment for their bookings and pay you rent outside Bookpay. You still see their bookings at your studio.
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Both are on to start. Turn one off only if you never use it.

Your default split is how you normally work with most artists. You can also set a different split when you invite an artist. Also, an artist can enter the split you agreed, and you confirm it.
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Payouts are always automatic. if you agree a new split with an artist, this becomes only new bookings, after the change.
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You can change these later in Money > Payouts.