Bookkeeping Services for Video Editors

Bookkeeping and Accounting for Video Editors

Seeking a bookkeeper and accountant for your video editing business? We handle your finances, giving you more time to focus on perfecting your edits. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Video Editors
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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 Video Editors

Seeking a bookkeeper and accountant for your video editing business? We handle your finances, giving you more time to focus on perfecting your edits. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team dedicates time to fully comprehend your video editing business, answer any queries you may have, assist you in syncing your accounts, and demonstrate how Accracy can benefit your workflow.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your dedicated accountant manages your video editing transactions and compiles financial reports. If they require any additional information from you, they'll ensure to communicate promptly.

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

Each month, your dedicated accountant manages your video editing transactions and compiles financial reports. If they require any additional information from you, they'll ensure to communicate promptly.

Here’s why Video Editors like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Video Editors with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

We'll consistently provide you with bookkeeping updates tailored for your video editing business. Got immediate queries that need urgent solutions? Rest assured, we're committed to responding in one business day or less.

Guaranteed accuracy in every detail for Video Editors with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform enables you to automate data inputs from most major software providers, preventing frequent errors. We collaborate with industry partners like Adobe Premiere, Final Cut Pro, Avid, and Sony Vegas — ensuring your financial records are always precise.

Make Smart Decisions for Video Editors with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say goodbye to sifting through numerous receipts and spending valuable editing time on tedious manual bookkeeping — we automate the process directly from your linked accounts. With insights available from one central dashboard, video editors can easily comprehend their financial standing and make strategic business decisions.

Bookkeepers for Video Editors

Working in the video editing industry can be complex, with countless projects, deadlines, and fluctuating incomes that can make managing your books a hassle. Video editors often handle multiple gigs at once, making it challenging to sort out streams of income, tax deductions, and industry-specific laws and regulations. But that's where Accracy comes in. We simplify your bookkeeping needs, allowing you to focus on what you do best, creating stunning visual content. Our intuitive software coupled with an expert team of human bookkeepers offers comprehensive tailored solutions to meet the unique needs of your profession.

Accracy understands the intricacies of the video editing sector such as the nuances of equipment and software expenses, the ebbs and flows of income, as well as the appropriate deductions you can take advantage of, such as home office expenses and job-specific travel. Moreover, our knowledgeable team stays up-to-date with the changing tax laws and regulations that impact your industry. With Accracy, tax season becomes a breeze — we take care of your year-end financials and work directly with the IRS on your behalf. Our innovative approach to bookkeeping delivers a seamless and efficient experience that ensures your financial records stay organized, accurate, and compliant — making your life simpler and less stressful.

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
$200 / month billed annually
  • 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

$500 / Billed Once
  • 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
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Basic

Starting from
$250 / 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

Executive

Customized Pricing

Everything in Basic plan +

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

Schedule a Meeting

Frequently Asked Questions about Bookkeeping and Accounting for Video Editors

Bookkeeping for video editors adapts to include the vital aspect of software purchases and subscriptions. These are considered as essential business expenses. Software purchases are typically recorded as assets and capitalized, meaning they're spread across the lifespan of the product. Subscriptions, on the other hand, are generally considered as expenses and are deducted in the fiscal year they occur.

At the end of each accounting period, the bookkeeper may also need to account for the depreciation of purchased software. This is the process of spreading out the cost of the asset over its useful life, thus matching the expense of the software to the income it helps to generate.

Both methods are used to ensure an accurate representation of the company's financial health and to comply with local and international accounting standards.

Yes, video editing equipment can be counted as either an expense or a depreciating asset, depending on the circumstances. If it is a smaller piece of equipment or its useful life is less than a year, it may be considered an immediate expense. However, if it's a significant piece of equipment with a lifespan of more than a year, it can be set up as a depreciating asset. This way, the cost will be spread out over the estimated useful life of the equipment. Always consult with your bookkeeper or accountant to make the best decision for your business's specific situation.

Revenues from different sources such as freelance projects, YouTube revenue, and royalties from your videos should each be accounted for separately in your books. This helps ensure accuracy and clarity in understanding your income streams.

Freelance project revenues are typically accounted for as business income once the project is completed and the client has paid. These can be categorized as 'service revenue' or 'project income'.

YouTube revenue, which might include ad revenue, channel memberships, super chat, and YouTube Premium revenue, can be registered under a separate income category named 'YouTube Revenue' or 'Digital Ad Revenue'.

Royalties from videos can be accounted for as 'royalty income' once they're received. Remember, it is essential to account for any taxes or fees deducted at source before you receive these payments.

Keeping separate accounts for each income source can simplify things during tax season and help you understand your revenue streams better. However, it's always a good idea to consult with a professional accountant or bookkeeper to ensure you're recording everything accurately.

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.

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

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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