SPV Setup, Initial Bookkeeping and VAT registration.
Assistance for Head of Finance in Movie Magic, including budgeting with amortisation and pattern management.
Ensure financial transparency and control, including multi-currency support for Cashflow and Cost Reporting.
Managing bonded productions up to completion.
Script Breakdown, Integrity checks at every stage, including schedule changes.
Bond approved service.
Not limited to the above services.
Complete film industry accounting services, from initial budgeting and financial planning to final wrap and tax compliance. We provide comprehensive solutions, including cost tracking, payroll management, expense reporting, bank reconciliations, and financial reporting. Our experienced team ensures accurate and timely financial management, enabling you to focus on creative endeavours while we handle the complexities of the film industry's unique financial landscape.
In the event of reshoots, a team will be available within a short timeframe.
Payroll is the process of paying employees. It involves calculating wages, withholding taxes and other deductions, and issuing payslips. Accurate and timely payroll is essential for maintaining employee morale and complying with legal requirements.
Think of it as a system that ensures everyone gets paid correctly as per budget and on time for their work, while also taking care of necessary taxes and contributions.
The AP process typically involves several steps: receiving and verifying invoices, recording transactions, and scheduling payments. Efficiently managing accounts payable is essential for maintaining good relationships with suppliers, avoiding late payment fees, and ensuring accurate financial reporting. By tracking and managing AP effectively, businesses can optimize their cash flow and maintain a healthy financial position. Monthly VAT Submission to support production cashflow.
In the whirlwind of film production, a Purchase Order (PO) is a crucial document that ensures everyone gets paid and things run smoothly. Without POs, the film world would be a tangle of confusion and disputes.
Our purchasing card processing service simplifies expense management, reduces paperwork, and provides detailed transaction data for improved control and analysis. This allows employees to make necessary purchases while giving your organization greater visibility and control over spending.
We understand the importance of financial planning. That's why we offer comprehensive cost reports and estimates.
We actively manage your budget by conducting weekly spend analysis and revisions. This proactive approach ensures that your spending remains aligned with your financial goals and helps us identify potential cost savings and optimization opportunities. By closely monitoring your expenses, we empower you to make informed decisions and achieve greater financial efficiency.
Our team is responsible for managing the entire trial balance process. This includes a wide range of financial accounts, such as deposits, accounts receivable, value-added tax, funding control, and many others. Our comprehensive approach ensures accuracy and efficiency in financial reporting.
We can help you save money on your taxes. Our accurate tax credit estimates will show you exactly how much you could claim. By understanding your eligibility for various credits, you can maximize your refund or reduce your tax liability. Let us help you keep more of your hard-earned money.
We understand that project timelines can change unexpectedly. To accommodate these changes, we offer flexible post-schedule extensions. This means that if your project needs additional time, we can easily adjust the schedule to ensure a smooth and timely completion.
We take proactive steps to protect your financial well-being. Our dedicated team regularly reviews your cash flow to identify potential risks and opportunities. By analysing your income and expenses, we ensure your financial future remains secure. This proactive approach empowers you to make informed decisions and achieve your financial goals with confidence.
We ensure the accuracy of your financial records by conducting monthly bank reconciliations. This process involves comparing your bank statements to your internal records to identify any discrepancies. By proactively addressing any mismatches, we maintain the integrity of your financial information and provide you with a clear and reliable picture of your financial health.
Check out this great video