This help article is related to the Production Accounting Suite (PAS)
In Wrapbook, production accountants and administrators can manage budgets using either the Production Accounting Suite or Cost tracking. To understand the differences, click here.
Overview
The Budget and Estimated Final Cost (EFC) features in the Production Accounting Suite (PAS) allow you to track, manage, and analyze your production's financial data in real-time.
When you use PAS, each project budget will contain a comprehensive list of anticipated costs including:
Worker wages and fringes
Rental costs
Location fees
All other expected production expenses
The EFC will automatically based on actual costs incurred during production, helping you track variances from the original budget.
Access a project’s Budget/EFC
The Production Accounting Suite (PAS) is permission based
To access PAS features in Wrapbook, your account must have one of the following roles enabled:
Role: Company Admin, Accountant
Custom role with: Accounting & Cost Tracking / Budget/EFC - Full access, View & Import, or View only
To access a project’s Budget/EFC:
Make sure Production Accounting has been enabled for your company’s account
In the left-side navigation, click the dropdown menu
In the dropdown menu, select the project that you want to see the Budget/EFC for
In the project dashboard’s Budget & EFC overview, click View budget
Select a project, and then click View budget
Budget/EFC options
With PAS, you can manage project budgets/EFC in the following ways: