Artist business management is a specialty of ours. Depending on the level of service that you need, we can provide:
- Regular correspondence with the artist, artist manager, tour manager and booking agent
- Record and verify all road activity via daily road sheets (ie. daily road income, band floats, per diems, expense receipts, etc.) as presented by the tour manager
- Record and verify receipts for bus & truck floats
- Set guidelines, design forms and oversee road manager to ensure proper road cash management and reporting
- Analyze and follow-up performance contract information (ie. tracking performance income & advance vennue deposits)
- Process payroll checks and payroll taxes
- Make weekly deposits
- All vendor invoices can be mailed to our office address for processing
- Can act as first contact for vendor inquiries (phone, fax, email)
- Invoice approvals will be obtained by designated contacts
- Process checks to vendors
- On-site record keeping of all expenses disbursed
- Monthly analysis of cash flows
- Deposit & record gig, merchandise, royalty, sponsorship, and endorsement income
- Review gig and non-gig contracts for compliance
- Work closely with manager regarding income needs and projections
- On-site record keeping of income earned
- Periodic Desktop Royalty Audits
- Up to date set of accounting books
- Daily computerized downloads of all banking and credit card transactions
- Annual inventory review and adjustments
- Financial statements (monthly or quarterly)
- Budgets (monthly or quarterly)
- Tax advice
- Investment coordination of idle cash
- Income deferral opportunities for band members (ie. SEP, SIMPLE, 401(k) plans)
- Monthly bank reconciliations
- Monthly financial statements presented to artist
- Federal and state business and individual tax returns (annually)
- Payroll tax returns (quarterly)
- Issue W-2’s and 1099’s (annually)