Tour accounting
requires an exceptional type of expertise involving accounting, tour experience
and recording industry savvy, combined with the ability to manage relationships
with vendors and venues around the globe. With 30 years
music-industry experience we can assist in these areas.
When clients hit the road, Hartman & Hillner CPAs
provides expert tour accountants. Customized services minimize costs,
maximize profits, and create the ultimate confidence; freeing clients to stay
focused on the stage, instead of behind the scenes.
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Hartman & Hillner's tour accounting services include:
- Budgeting ---
Prepare, monitor, and manage tour budget.
- Cash Management ---
Oversee accounts receivable and payable for tour and traveling entourage; facilitate banking relationships; reconcile bank accounts.
- Contracts and Negotiations ---
Structure and manage financial arrangements with booking agencies, promoters, production teams, merchandisers, subcontractors, and box offices; verify settlements; prepare financial riders.
- Financial Controls ---
Ensure accurate reporting and safeguarding of assets; verify venue controls, revenue, direct charges, expenses, and merchandising sales.
- Financial Reporting ---
Provide complete financial statements and summaries of tour accounting.
- Revenue Procurement ---
Identify and secure ancillary revenue opportunities, including licensing, sponsorship, and merchandising ventures.
- Tax Planning ---
Plan and prepare federal, state, and local tax returns, as well as international compliance capabilities |