accounting software for video production, what do I do?!

(2 posts)
  • Started 2 years ago by RedHill Media
  • Latest reply from candjvideo

  1. RedHill Media
    Member

    Hi everyone!

    I have a quick question about video production accounting and would love everyone's opinion on this one:

    My video production company is growing and we need to get a real accounting program. it's important to do some major research before picking one
    so I was hoping that some of you here in the Videomaker forum could recommend an accounting software which works well for video production. We started with Quickbooks. Is this the best option? If you do use Quickbooks, how do you budget/account for separate projects so you know how much margin you made on each one. If you use other accounting programs, please let me know why you like them.

    I am REALLY looking forward to getting some answers on this one.

    Thanks in advance,

    Phil

    RedHill Media

    http://www.redhillmedia.com

    Posted 2 years ago #
  2. candjvideo
    Member

     I use the free version of Quickbooks 2009 (Simple Start).  It has worked very well for my needs.  The ability to do estimates, invoice tracking, etc. 

    I just set a price for editing hours, videography hours, dvds produced, dvd copies, conversion time, etc and once you plug in the item, it plugs in the price. 

    As far as budgeting, I haven't really set any budget as this is just a sideline/parttime business for me.  But my tax company loves that I give them the reports from this program at tax time.  As far as margin, I know how much my materials cost, so it is easy to figure.  There may be a feature in Quickbooks for this, but I just have the free version and I cannot find it on there.

    Posted 2 years ago #

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