Bookkeeping Services for Talent Agents

Bookkeeping and Accounting for Talent Agents

Searching for a bookkeeper and accountant for your talent agency? We handle your accounting, freeing up your time to focus on finding the next big star. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Talent Agents
Accracy Accounting QuickBooks Certified ProAdvisor
Accracy Accounting Xero Certified Advisor
Accracy Accounting Gusto Payroll Certiication
Accracy Accounting Fathom Certified Advisor
Accracy Accounting Karbon Certified Expert
Free 1 Month Bokkeeping Trial

New Customer Offer

We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.

* No Debit/Credit Card Required

How Accracy works with Talent Agents

Searching for a bookkeeper and accountant for your talent agency? We handle your accounting, freeing up your time to focus on finding the next big star. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team dedicates time to comprehend your talent agency thoroughly, address your concerns, assist in connecting your accounts, and illustrate how Accracy works seamlessly for your business.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper organizes all the financial transactions of your talent agency and prepares comprehensive financial statements. If there's need for any additional information from your end, they’ll swiftly establish contact.

Accracy Accounting One-on-one expert support 24/7
We deliver tax-ready financials

Every month, your dedicated bookkeeper organizes all the financial transactions of your talent agency and prepares comprehensive financial statements. If there's need for any additional information from your end, they’ll swiftly establish contact.

Here’s why Talent Agents like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Talent Agents with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

Our team will consistently provide you with bookkeeping updates tailored for talent agencies. Need quick answers for urgent inquiries? Rest assured, we guarantee a response within one business day or even sooner.

Guaranteed accuracy in every detail for Talent Agents with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

With Accracy Accounting, our platform enables seamless data automation from multiple significant players, mitigating frequent errors. We collaborate with esteemed partners in the industry, such as Gusto, Stripe, Shopify, and Squareensuring your talent agency's financial records are constantly pinpoint accurate.

Make Smart Decisions for Talent Agents with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Bid adieu to mountains of contracts and tedious manual tracking — we automate inputs directly from linked accounts. Gain visibility from one comprehensive dashboard so you can effortlessly comprehend the status of your talent agency and make informed decisions.

Bookkeepers for Talent Agents

Navigating the unique financial challenges of the talent agency industry requires specialized knowledge and experience - both of which Accracy excels in. From managing sensitive client information to efficiently processing high numbers of transactions, every facet of talent agency bookkeeping is handled by our dedicated team. They're proficient with the relevant laws and industry-specific tax regulations, such as commission-based income, provision for bad debts, and managing escrow accounts for talents, to name a few.

With Accracy, you're not just getting an online bookkeeper; you're getting a partner committed to your business's financial health. We pair our intuitive, state-of-the-art software with real, human bookkeepers who understand the ins and outs of the talent agency industry. Whether it's dealing with revenue recognition from talent contracts, tracking reimbursable expenses, or coping with high seasonality in cash flows, Accracy provides a personalized solution that streamlines your agency's financial operations. Our proactive approach helps mitigate any issues before they become problems, ensuring your books are always accurate and up-to-date. With Accracy handling your bookkeeping and tax needs, you can focus on what you do best - discovering and nurturing talents.

Accracy Pricing

Simple, straightforward bookkeeping pricing for everything your business needs.

Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.

Basic

Starting from
$300 / month
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Catch Up Bookkeeping

$50 / Hour
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Full-Cycle Bookkeeping
  • Sales Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Tech Startup

$300 / month
  • Monthly Accrual Bookkeeping in QBO
  • 1 Bank Account
  • 2 RAMP Cards
  • Bi-Weekly Payroll (2 employees)
  • Approximatly 30 monthly transactions
  • Employee Expense Reimbursements
  • Multi Currency (USD & CAD)
Contact Us

Resturant

$1,200 / month
  • Monthly Accrual Bookkeeping in QBO
  • 2 Banks - 3 Credit Cards - 1 Loan Facility
  • Approximatly 250 monthly transactions
  • Monthly Sales Tax filing
  • Point of Sale Integration / Reconciliation
  • Bi-Weekly AP through Plooto
  • Receipt Posting through Dext
Contact Us

Marketing Agency

$2,600 / month
  • Monthly Accrual Bookkeeping in QBO
  • Class/Project tracking
  • Deferred Revenue Management
  • Bi-Weekly Payroll in QBO (25 employees)
  • Payroll Remittances
  • In-House Accounting email management
  • Monthly Sales Tax Reconciliation
  • 2 Bank accounts - 6 Credit Cards
  • Approximatly 200 monthly transactions
  • Multi-Currency (USD & CAD)
  • Weekly AP through Plooto
Contact Us

Frequently Asked Questions about Bookkeeping and Accounting for Talent Agents

A professional bookkeeper can assiduously track the income and expenses of your talent agency by using advanced accounting software and employing tried-and-tested methods. They can categorize expenses, reconcile bank statements, chart accounts, and manage invoices to accurately track your financial transactions.

Furthermore, they can provide you with detailed financial reports highlighting your agency's income and expenditure trends, ensuring you're always informed about the financial health of your business. If necessary, they can also work with your CPA or tax advisor for more intricate financial planning and analysis. Ultimately, accurate bookkeeping helps mitigate any financial risk, enabling you to make sound financial decisions for your talent agency.

As a talent agent, optimal financial management can be achieved through several essential bookkeeping services. These include but are not limited to:

  • Cash flow management: This involves monitoring, analyzing, and adjusting your business's cash flows. It helps you plan for the future and ensure your business remains financially sustainable.
  • Financial reporting: Regular financial reports such as income statements, balance sheets, and cash flow statements provide insights into your business's financial health, helping you make informed decisions.
  • Accounts payable and receivable: Managing monies owed by and to you is crucial in maintaining healthy financial operations.
  • Payroll services: If you have employees, on-time and accurate salary and wage management is important both for employee satisfaction and tax considerations.
  • Tax preparation: Proper handling of tax documents and timely filing reduces the risk of penalties and ensures you take advantage of all possible deductions and credits.

Enlisting professional bookkeepers ensures that these services and more are handled efficiently and accurately, providing you with peace of mind and more time to focus on growing your talent agency.

A bookkeeper specifically experienced in the talent agency industry can assist in multiple ways with tax deductions and revenue splits. These professionals understand the unique financial structures, revenue sources, and expenses tied to this industry. So, they can effectively identify eligible tax deductions to maximize your savings during tax season.

In terms of revenue splits, a talent agency bookkeeper knows the standard agreements and percentages for different types of talent, whether they're actors, musicians, or athletes. They can accurately split revenues based on these contracts, ensuring proper payment allocation for both the agency and the talent.

In essence, a bookkeeper's role in a talent agency extends beyond tracking income and expenses. They can potentially save you money with tax deductions and streamline the process of splitting revenue, ultimately improving financial transparency and efficiency for your agency.

We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.

Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.

Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.

Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.

We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.

No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.

No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.

Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.

Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.

At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.

Accracy Accounting Frequently Asked Questions (faq)

Our Services

Your Needs, Our Solutions: Total Coverage Guaranteed

Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.

Outsource Bookkeeping

Precise Financial Organization

Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.

Bookkeeping

Payroll Compliance

On time and accurate payroll

Our payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.

Payroll Processing

Sales Tax Compliance

Expert Sales Tax Reporting

We offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.

Sales Tax Filing

Financial Reporting

Actionable Financial Insights

Beyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.

Financial Reporting

Accounts Payable & Receivable

Efficient Accounts Management

Efficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.

Catch-Up Bookkeeping

Timely Financial Updates

Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Catch-Up Bookkeeping

Fractional Controllership

Strategic Financial Guidance

Experience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.

Fractional Controllership

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