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Accounting
Managing Account Codes
Managing Account Codes

Learn how to upload and manage a chart of accounts as an Accountant

Updated over a week ago

๐Ÿ” To access any feature in Accounting you'll need Circus Admin, Admin or Manager access. Learn more about Managing Permissions. ๐Ÿ–ฅ๏ธ This feature is accessible on all desktop devices.

Overview

Accounts in film production accounting are crucial for managing finances effectively. They help track the budget across various categories like production phases and specific expenses such as salaries and equipment rentals. This organization enables accountants to monitor expenses and facilitate detailed cost reporting. These accounts are essential for maintaining financial control, aiding in decision-making, and ensuring that the production stays within budget.

Uploading a Chart of Accounts

Circus currently supports uploading a Movie Magic Budgeting file in JSON format. To export this file:

  1. Open a budget in Movie Magic Budgeting

  2. Select File > Export > JSON

  3. Select where to save the file

  4. Click Export

Next, you can import the budget into Circus. Click on the desired production from your main dashboard. Then, from the production dashboard click on the Accounting icon in the left menu navigation.

Choose 'Globals', then 'Chart of Accounts'. On the right, click the 'Import JSON' button and choose the exported JSON file to import. Circus will import the following:

  • Account Codes and Sub Account Codes

  • Description

  • Account Type (typically Expenses)

  • Budget Amount

To expand or collapse an account to reveal the sub-account, simply click on the row in the table.

Account Codes will now be available to select on all Timesheets and Invoices processed through the platform.

Note: Chart of Accounts cannot be deleted or replaced for an active production. For assistance, please contact support via the live chat module.

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