Unlock Your Financial Clarity:
Accounting and Bookkeeping
You have a passion for creativity, while we excel at crunching numbers. Our accounting and bookkeeping services for entertainers are a match made in business success heaven. We use the latest cutting-edge accounting programs to handle your bookkeeping, financial reports, statements, and other not-so-fun business details. This way, you can focus on the fun stuff.
Our experienced team of accountants will expertly handle all your bookkeeping needs, including the categorization and reconciliation of:
- Bank accounts
- Credit cards
- Retirement funds
- PayPal and/or other cash accounts
- Accounts payable/receivables (Unlimited Plan only)
Our accounting professionals utilize up-to-date technology to communicate with you about keeping your books up-to-date on a monthly basis, making bookkeeping for musicians a breeze.
I am a musician that travels the world. Accounting is the last thing I want to think about. ICONAC does an outstanding job with my bookkeeping and keeping me on track.
Additionally, we are committed to delivering comprehensive financial reports to you, ensuring clarity and transparency in your financial affairs. This financial report will show you:
- Total revenue
- Total Cost of Sales
- Gross Profit
- Total Expenses
- Operating Profit
- Net Income
Also included:
- Show fees
- Royalty & Publishing Income
- Merchandise Income
- Summarizes Top 5 Expenses
- P&L Statement
- Along with Key Performance Indicators (KPIs)
A Plan for Every Budget
Unlimited Plan
Includes:
- Priority and customized monthly bookkeeping
- Accounts payable and receivables
- Management commission reports
- Leveraging our relationship with agencies on your behalf to obtain invoices and show settlements
- Priority monthly financial statements
Plus
Plan
Includes:
- Monthly bookkeeping
- Monthly financial reports
- Tax Planning
- Payroll
Core
Plan
Includes:
- Quarterly bookkeeping
- Quarterly financial reports
ICONAC's accounting services for DJs is top-notch. Don't know where I'd be without them.
Accounting & Bookkeeping FAQ
What is Accounting and Bookkeeping?
Accounting is the process of tracking and summarizing a business’s financial activities to understand how much money is coming in, going out, and if the business is making a profit.
Bookkeeping involves recording all the details of financial transactions, like sales and expenses, to keep accurate and organized records for the business.
Why do I need to my books done each month?
One of the major purposes for closing your books at the end of each month is to give you a picture of your business’s financial status by preparing the financial statement, which ICONAC provides to you with your subscription plan.
How involved do I need to be during the bookkeeping process?
Minimal involvement is usually required from you. When your input is needed, we use an advanced platform that provides weekly updates. This ensures you are promptly informed and can quickly provide any necessary input on personal, merchandise, music, touring, or other business accounting transactions.
Do you handle personal and business expenses?
Yes, we take care of both your personal and business expenses so you can focus on what is important to you.
I've never had bookkeeping, is that ok?
Yes, our accountants are experienced and ready to clean up your entertainment accounting from prior years.