Bookkeeping and Accounting for Recording Studios

Looking for a bookkeeper and accountant for your recording studio? We fine-tune your books, so you get more time to focus on hitting the right notes in your business. Try us for free.

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How Bench works with recording studios

Harness the power of expert bookkeeping, income tax prep, and filing for your recording studio—streamlined by one comprehensive platform. Bench works in harmony with recording studios.

We get you set up

Our team dedicates time to fully comprehend your recording studio, answer your queries, assist in linking your accounts, and explain how Bench can streamline your operations.

We do your bookkeeping

Each month, your dedicated bookkeeper expertly categorizes your recording studio's transactions and prepares financial statements. If they need any more information from you, they'll quickly reach out.

We deliver tax-ready financials

Our team of experts is well-versed in tax rules related to recording studios and will tailor their approach to your studio's specific requirements.

Here’s why recording studios like you trust Bench with their bookkeeping and accounting

Get fast, unlimited support from our expert advisors

We'll proactively communicate with consistent bookkeeping updates catered to your recording studio. If you have urgent queries that need immediate attention? Our dedicated team will respond in less than one business day.

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screenshot of Bench support app

Guaranteed accuracy in every detail

Our platform enables you to automate data entries from most leading providers, minimizing common errors. We collaborate with industry giants like Gusto, Stripe, Shopify, and Square—ensuring your recording studio's finances are always precise.

See where you’re spending. Make smart decisions

Wave farewell to stacks of disorganized documents and laborious manual cataloging—our services automate entries directly from connected accounts for your recording studio. Gain insights from a single, unified dashboard enabling you to easily grasp the financial state of your studio and make informed strategic choices.

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Bench integrates with your favorite small business tools

We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.

Trusted by 25,000+ American small business owners

“Bench helped me replace QuickBooks, and save about 6 hours per month of horrible accounting work, which is priceless.”

CHRIS RONZIO

CEO, TRAINUAL
“This is the first year where it’s tax season and I don’t feel anxious one bit.”

DR. BUKKY KOLAWOLE

FOUNDER/EXECUTIVE DIRECTOR, RELATIONSHIP HQ
“Bench has lifted a giant weight off my shoulders and freed up my time so I can focus on earning money and working with clients, meetings and calls.”

HEATHER SHOLL

FOUNDER, THE VILLAGES GYM
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We know bookkeeping for recording studios

For recording studios, managing finances can be as complex as producing your next hit track. With different revenue streams including studio time, music royalties, equipment rentals, and more, it can be challenging to keep everything in harmony. That’s where Bench Accounting steps in. We provide online bookkeeping services designed to meet the intricate requirements of the recording industry. Our team has superior knowledge about industry-specific tax deductions, like equipment depreciation, software-related expenditures, costs associated with soundproofing, and other studio-specific expenses that can help to significantly reduce your tax bill.

Bench addresses common bookkeeping issues that recording studios often face, from the accurate categorization of expenses to the efficient management of financial records. Our intuitive software is paired with an actual human bookkeeper who becomes your financial guide, expertly navigating complex bookkeeping processes while you focus on your craft. This combination of software and human expertise has transformed the way bookkeeping and tax obligations are managed for small businesses. These seasoned professionals stay abreast with evolving recording industry laws and taxes, providing you with advice and services that are always up to date. So whether you're dealing with artist payment complexities or managing copyright royalties, Bench has got you covered.

Simple, straightforward pricing for everything your business needs.

Get bookkeeping, tax prep, advisory, and filing with Bench's powerful, easy-to-use platform.

Choose Plan

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$249/mo

billed annually

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$399/mo

billed annually

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$299/mo

billed monthly

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$499/mo

billed monthly

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Frequently Asked Questions

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How can a bookkeeper handle royalty accounting specific to a recording studio?

A trained bookkeeper can handle royalty accounting specific to a recording studio by tracking and managing the often-complex income and expenses that come from the royalty arrangements. This includes managing contracts, tracking sales and streams, preparing and issuing royalty statements, and ensuring correct and timely payments. Our bookkeepers at Bench Accounting have expertise in royalty accounting and are well-equipped to handle the unique challenges presented by the recording industry. We aim to streamline your royalty accounting process to ensure efficiency and accuracy.

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What kind of tax deductions can a bookkeeper help me find for my recording studio business?

A skilled bookkeeper can help you uncover a multitude of tax deductions for your recording studio business. Some common ones might include deductions for office supplies and equipment, utilities, travel expenses related to client meetings or gigs, professional development costs, and the depreciation of recording gear and other property. Additionally, if a portion of your home is used exclusively for your business, you may be able to claim a home office deduction. Remember, every business is unique and tax laws change regularly, so having a bookkeeper ensures you'll never miss an opportunity to lower your tax liability.

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How can proper bookkeeping assist with tracking session and equipment costs within my recording studio?

Proper bookkeeping ensures you have accurate and up-to-date records of all your financial transactions. This can be particularly valuable in a recording studio environment where there are many potential expenses, such as session costs and equipment maintenance. By keeping track of these expenses, you'll be able to pinpoint where your money is going and identify opportunities for cost reductions.

For instance, with session costs, bookkeeping can show you how much you're spending on artists, time slots, and other related expenses. When it comes to equipment, bookkeeping can keep track of how much you're investing in new equipment, how much you're spending on repairs and upkeep, and when it might be time to replace or upgrade.

Overall, bookkeeping gives you a comprehensive financial overview of your recording studio, helping to improve your budgeting, planning, and decision-making processes. Without it, you would be making these crucial decisions based on guesswork.

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Does Bench outsource bookkeeping?

Nope! All bookkeeping is completed in-house.

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Will I have one point of contact?

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

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How much time each month will I have to spend managing my Bench account?

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.

Bookkeeping Services for Recording Studios

Sign up for a Bench trial, and get one month free. If you decide to go with us, we’ll take bookkeeping off your plate—for good.

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No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.