Media Accounting for Producers
what if the paperwork was somebody else's problem?
We think producers are highly creative people and not desk jockeys. Do you agree? Then why not leave the pencil pushing to us? We take care of all of your accountancy administration work, e.g.:
- the often lengthy process from issuing invoices to complete accounting audits
- all contact with the relevant royalty collection organisations, both national and international, and other administrative bodies
With our Media Accountinge Services we offer producers a complete package; every aspect is dealt with, from the sometimes complex registration procedures right through to ensuring the collection of all monies due.
Would you like to know more? Get in touch – we are happy to offer you a service package tailored to your individual needs.
Business Management
Every month there are invoices to be written and bills to be paid, always just in time and without mistakes. This takes a lot of effort and time. Why not take advantage of our Business Management Service and let us do the work for you?
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we write your invoices for you to keep track of:
- advances
- licensing fees
- sales
- production costs
- we set up an individual trust account for you and manage income revenue on your behalf
- we handle your receivables management and send out reminders if necessary
Of course we will keep you regularly updated on your invoices, income and outstanding payments – daily, weekly or monthly, just as you wish. This way, you can concentrate on your core business and need not worry about the financial side of things, yet all information on your business affairs is right at your finger tips.
Royalty Statements
clear, no-nonsense
royalty statements
We prepare correct and intelligible royalty statements, based on your license agreements, and issue them in your behalf. If required, we can use your letterhead and stationary, effectively appearing as a department of your company.
Royalty statements are generated using our proprietary software which can be customized to your requirements.
Not only do we issue and mail all statements, we also serve as first of contact for your business partners in case of questions. With every statement comes an overview of outgoing amounts that clearly shows all payments made on your behalf. These overviews are also suitable for tax purposes.
Controlling
MACC ensures complete, accurate and confidential monitoring of incoming statements from your domestic and international contract partners.
Without an international standard for royalty statements, the process of maintaining accurate client information as well as the detailed examination of many different forms of statements are a complex matter: It requires experience in a wide range of fields, a thorough attention to detail and discrete handling of our client data.
Review of Royalty Statements
The fact that inaccurate royalty statements mean financial losses for our clients is always at the forefront of our minds. Such inaccuracies are not easily detected, and often it takes a lot of experience and professional knowledge to spot what exactly has gone wrong. In such cases we will clear up the misunderstanding with the other party.
MACC has a proven track record of success in this area which has attracted a steadily growing client base.