Creating a project in Wrapbook is now more flexible and collaborative than ever before! Now when creating a project in Wrapbook, you can:

• Input project details section by section, save progress, and return to project setup through a new Draft tab on the All Projects Dashboard.
• Collaborate with multiple team members to complete project setup.
• Access and manage project settings while in draft mode to set up production accounting, approval workflows, and other project specific settings. 

To learn more about the new project creation workflow, see our Help Center article, Create a Project. 

Questions? We’re here to help. Reach out to support@wrapbook.com.

Please be advised that Wrapbook's pricing will see some modest adjustments in the new year, effective January 2, 2025.  

Here's what's changing: 

• Loan-out and Contractor Payments: The standard flat rate for payments to loan-outs and contractors will increase to $18.00 per payment. 
• Workers' Compensation Rates: These rates will undergo slight annual adjustments, as always, varying by state. 
• State Unemployment Insurance (SUI): Rates will adjust according to state-specific guidelines. Some changes will take effect in January, while others will roll out through the first quarter of 2025. 
  • California and New York will remain on the FUTA Credit Reduction list, resulting in an increase of 0.3% to FUTA Supplemental rate.  
  • Connecticut is no longer on the FUTA Credit Reduction list, decreasing FUTA Supplemental rate to 0%. 

Questions? We're here to help. Please reach out to our Support team at support@wrapbook.com. 

As we close out 2024, here are three to-dos to help make tax season a breeze: 

1. Confirm your personal information.

Log in and confirm that all personal information is correct (including the spelling of your name, home address, mailing address, and your SSN). Incorrect personal information may result in an amended return.

2. Opt in to receive an Electronic W-2 or 1099

We will notify you when your tax documents are available for download in your Wrapbook profile. If you opt in to receive a mailed (paper) copy, it will be postmarked by January 31st. 

3. Plan for Holiday Bank Closures

Banks will be closed on Wednesday, December 25th (Christmas Day), and Wednesday, January 1st (New Year’s Day). If your timecard is due on either of these dates, please be sure to submit it one business day in advance.

Questions? Find end-of-year FAQs here. Still need help? Don't hesitate to reach out to us at support@wrapbook.com.

As we close out 2024, please be aware of the following dates and deadlines: 

Thurs. December 26: Deadline to fund payroll with a 2024 date

Thurs. January 2: Deadline to submit reversal requests for Q4 payments, AND deadline to review and request changes to worker classification

Please Note: Tax forms will be postmarked, and available to workers digitally, no later than January 31, 2025. All workers will have access to view and download tax forms in their Wrapbook profile. Physical (mailed) copies will ONLY be sent to workers who are opted in.

Questions? We're here to help. Reach out to us at support@wrapbook.com. 

It’s easier than ever to add a work location to a project in Wrapbook. 

Now, all you need to know is the city and state of the shooting location in order for you to add it to a project. This means you won’t need to know precise shooting addresses upfront—you can add them later and still keep things moving.

Please note, Indiana, Kentucky, Ohio, Oregon, and Pennsylvania work locations require full addresses for local tax reporting purposes. 

Questions? We’re here to help. Reach out to support@wrapbook.com.

Productions using Wrapbook's Production Accounting Suite can now reverse and reverse and reissue posted, unpaid AP transactions and posted Journal Entries without having to manually create reversing entries. This enhancement streamlines error correction, adjustment, and reconciliation processes so that it's easy to maintain accurate reporting and proper audit trails. 

See our Help Center Articles, Manage AP Invoices and Manage Journal Entries for more information. If you are interested in using the Production Accounting Suite, please contact our Support team.

Questions? We’re here to help. Reach out to support@wrapbook.com.

Wrapbook now makes it easy to pay bonuses to workers. 

Simply go to Timecards & Expenses, select Add Expense/Allowance, choose Other > Wages [Taxable], and select Bonus under Wage Type. From there, just enter the details and you're all set!

To learn more, visit Adding Wages, Reimbursements, and Expenses.

Questions? We’re here to help. Reach out to support@wrapbook.com.

Startwork Creator now supports new interactive elements, such as text fields, checkboxes, and radio buttons.

Plus, smart fields and signatures will now appear as icons instead of text, offering a cleaner and more intuitive user experience.

To learn more, visit Add Text Fields, Checkboxes, & Radio Buttons to a Startwork Document.

Questions? We’re here to help. Reach out to support@wrapbook.com.

We've added new filters and reporting columns to the General Ledger in Wrapbook's Production Accounting Suite to help you build the GL to your exact needs. Enhancements to the General Ledger include: 

• Additional filters including vendor, asset, and description
• New report columns like PO# and asset
• Options to include or exclude specific data like distribution changes
• Enhanced grouping options for more detailed reports

See our Help Center Article, Generate General Ledger (GL) Reports, for additional information. If you are interested in using the Production Accounting Suite, please contact our Support team.

Questions? We’re here to help. Reach out to support@wrapbook.com.

You now have access to new features when creating and editing startwork in Wrapbook.

You can:

• Upload your own startwork [DOCX or PDF]
• Apply Smart Fields to documents
• Edit documents with standard word-processing tools [Font type, font size, bold/italic/underline, text color, line spacing, inserting tables, bullets, numbering, indentation, etc.]
• Allow workers or production team members to initial and sign documents multiple times.

To learn more, visit Upload a Startwork Document.

Questions? We’re here to help. Reach out to support@wrapbook.com.