The Datafaction Production Accounting System is a comprehensive, fully integrated computer system for the Entertainment Industry. The system supports feature film, television, commercial and video production. Datafaction's Production Accounting system provides you with an accounting and database management system that delivers accurate, up-to-the- minute cost reports at all times. The flexibility of the Datafaction system provides outstanding functionality to manage your production today and in the future.
The Datafaction Production Accounting system can serve as a sub-system and integrate directly with Datafaction's General Ledger, i.e., your corporate books. Production costs are summarized into the General Ledger the moment they occur, providing you with real-time updating of actual costs. The detailed activity on above- and below-the-line costs for each and every production or episode resides in the production module, readily available at all times.
Datafaction's General Ledger system features include:
- Multi-company environments
- Divisional and departmental accounting
- Cash or accrual accounting
All modules are on-line for instantaneous retrieval of key information. A transaction in any of the accounting modules immediately updates all of your production costs. You can start out with only those modules you need now, and be assured that as your needs grow, so can your computer system.
Production Accounting may include the following:
- Purchase Orders
- Petty Cash
- Guild Reports
- Residual Payroll
- General Ledger
- Accounts Payable
- Accounts Receivable
- Laser Check Printing
- 1099 Processing
Datafaction's PAYROLL module can handle almost any type of payroll situation you are likely to encounter. It supports flexible pay periods, an unlimited number of employees, multiple states, and unlimited combinations of earnings, deductions and employer expenses. If you elect not to use the Datafaction payroll system, electronic interfaces to payroll services are available.
- Track an unlimited number of productions simultaneously
- Maintain an unlimited number of production transactions
- Implement cash and/or accrual basis accounting
- Reopen the books after a production has been closed. Adjustments can be made in the period in which they occur.
- Generate a high volume of accounts payable and payroll checks
- Generate Instant Checks
- Track inventory items and their disposal
- Support AICP commercial bid form
- Produce industry standard reports and modify report formats
- Multi-user and Multi-tasking
- Menu-driven
- On-line inquiry from each terminal
- On-line help messages
- Clear, concise menus and screens for data entry
- Security restrictions can be placed on users, modules or productions
