Overview
Wrapbook’s Production Accounting Suite (PAS) provides a centralized way to manage film and TV production finances.
Wrapbook's PAS features include:
Budget/EFC tracker
Vendor management and payments
Purchase order (PO), accounts payable (AP), and payroll invoice management
Journal entries, posting, and bank reconciliation
Accounting reports including general ledger (GL), trial balance, and cost reports
Enable Production Accounting
To use PAS features, you’ll need to contact your Customer Success Manager (CSM) or the Support team.
Access Production Accounting
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 settings - Full access
Once Production Accounting has been enabled for your company’s account, you can access PAS features from project dashboards:
In the left-side navigation, click the dropdown menu
In the dropdown menu, select the project that you want to access Production Accounting for
On the project dashboard in the Accounting section, you’ll see an overview of PAS features being used
When a project is selected in the left-side navigation, you can use the Accounting menu, that’s also in the left-side navigation to access Production Accounting features.
Select a project to see an overview of Accounting tools on its project’s dashboard
When a project is selected, you can also use the Accounting menu in the left-side navigation
Production Accounting FAQ
To help you understand Production Accounting in Wrapbook, we’ve put together this list of frequently-asked questions.
Click the arrow next to a question to see the answer.
What’s production accounting?
Production accounting refers to the management of film and TV production finances through a centralized system. Wrapbook’s Production Accounting Suite (PAS) includes features such as budget tracking, vendor management, purchase order management, accounts payable, payroll invoice management, journal entries, and accounting reports like general ledger and cost reports
Can anyone at the company access production accounting?
To access Production Accounting in Wrapbook, your account must have one of the following roles enabled: Company Admin, Accountant, or a custom role with Accounting settings - Full access.
Once you have the appropriate role, follow these steps:
In the left-side navigation, click the dropdown menu.
Select the project that you want to access production accounting for
On the project dashboard in the Accounting section, you’ll see an overview of the Production Accounting Suite (PAS) features being used
Additionally, you can use the Accounting menu in the left-side navigation to access various production accounting features.
What’s the difference between production accounting and cost tracking?
Production accounting refers to the centralized management of film and TV production finances, which includes various features such as budget tracking, vendor management, and payroll invoice management. It provides a comprehensive overview of all financial aspects related to a production.
On the other hand, cost tracking specifically focuses on generating reports that compare committed, actual, and estimated final costs for a project. This includes creating detailed reports that analyze costs per worker, grouped by cost code, and allows for insights into payroll expenses and departmental costs. To learn more, see Cost Tracking.