Overview
A production entity (PE) represents a legal entity with its own Federal Employer Identification Number (FEIN) and associated bank accounts that is recognized by federal tax authorities.
In Wrapbook, you can set up and manage multiple production entities within your company, allowing you to maintain clear financial boundaries between different projects while keeping all your production management tools in one unified platform.
Production entities (PEs) versus Organizational Units (OUs)
In Wrapbook, there are production entities and organizational units. While PEs and OUs sound similar, there are differences between them:
OUs are used to manage company permissions and project access
PEs are used to manage financial transactions for projects
These two concepts relate to each other in that:
A single company can have multiple OUs and PEs
Projects can be associated with specific OUs for organizational purposes, and with one or more PEs for payroll and financial management
While OUs handle the organizational structure and permissions, PEs handle the financial and legal aspects like payroll processing and tax reporting
Access Production entities
Production entities are permission based
To update, your account must have one of the following roles enabled:
Role: Company Admin
Custom role with: General settings - Full access, Production entities - Full access, Manage
To access Production entities:
In the left-side navigation, click the dropdown menu
In the dropdown menu, select All projects
In the left-side navigation, click Company settings
Next to Production entities, click the Manage button
By default, the details for your company will be listed as the primary PE.
Select All projects, click Company settings, then click the Manage button next to Production entities
Production entity options
From production entities you can: