Manage worker documentation and packets at the organizational unit (OU) level, giving you precise control over unique onboarding requirements for different parts of your company.

You can:

• Create and manage worker startwork forms for specific organizational units while maintaining inheritance for sub-units
• Assign custom onboarding packets at the OU level to streamline worker hiring
• Easily search and filter worker startwork by organizational unit to quickly locate what you need
• Bulk-assign worker documentation across organizational units to maintain consistency while saving time

This enhancement is ideal for production companies managing multiple divisions or production entities that require different documentation workflows.

To learn more, visit Startwork packets.

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

In response to New York State Senate bill S3009B, starting Monday, April 14th, 2025,  Wrapbook will withhold 6.85% on loan-out payments for all projects applying for New York Tax Credits. If you have an existing project, you can enable this withholding in Project Settings > Payroll.

Please note: Wrapbook will withhold taxes for payments made on, or after, April 14, 2025. However, pending final legislation, withholding may be required on loan-out payments after January 1, 2025, for tax incentive purposes. If S3009B is not signed into law, or if the effective date is changed, all withheld taxes will be refunded in full.

If you would like to discuss how this legislation impacts payroll already finalized in 2025, or if you would like to increase withholding on a current check to compensate for lack of withholding on a previous check, please contact us at tax-incentives@wrapbook.com.

Approval workflows for timecards, expenses, and POs can be assigned to specific Organizational Units (OUs).

Customize approval workflows for each organizational unit and designate specific approvers. This ensures approvers can only access and review timecards, expenses, and purchase orders within their assigned unit.

To learn more visit, Creating a new approval workflow.

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

Accessing your financial data just got more intuitive. Our new AI-enabled General Ledger allows you to find exactly what you're looking for using simple, everyday language.

Simply ask questions like "Show me all payroll expenses from January" or "What were our location rentals costs last quarter?" in the quick filters search field. AI will apply the appropriate filters, which you can review and adjust before downloading your report.

Watch a demo of the feature here.

This feature is available to customers using Wrapbook's Production Accounting Suite and can be enabled by contacting your Customer Success Manager or support@wrapbook.com.

In 2024, the state of Connecticut paid off its federal unemployment loan, causing the FUTA Supplemental rate to drop to 0%. However, as of January 1st, 2025, the state now has a new outstanding loan. Due to Connecticut’s borrowing history—four consecutive years between 2022 and 2025—the state will be subjected to a supplemental 1.2% on FUTA for the current tax year.

Accordingly, projects in Connecticut will see a 1.2% increase in FUTA Supplemental on all future payrolls. 

Please note that the change will only apply to payrolls going forward; we will not be back-collecting on any previously-run payrolls.

Questions? Reach out to us anytime at support@wrapbook.com. 

Have a SAG worker with escrow requirements? If they’re earning under $65,000, you can now track these funds in Wrapbook, even if they’re paid outside the platform.

You can:

• Track escrow balances, payments and remaining funds in real time.
• Provide clear reporting to SAG with detailed payments and work history documentation.

To learn more, visit SAG Escrows

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

Wrapbook’s new 1099 Reporting page makes it easy to prepare and e-file Forms 1099-NEC and 1099-MISC for vendors who have received an AP invoice payment through Wrapbook in 2024. Starting today, customers with Production Accounting enabled can click 1099 Reporting from the left-hand navigation to review, modify, and export 1099 vendor transactions to prepare for 2024 tax filing.

In January, we will notify you when the filing window opens and you can e-file your 1099s with the IRS through Wrapbook. Please note, you are responsible for printing and mailing 1099s to vendors for AP payments. To learn more about the new 1099 Reporting page, see our Help Center article, Vendor 1099s.

Questions? We’re here to help. Reach out to productionaccounting@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. 

Starting November 8, 2024, Wrapbook will collect and remit 1.17% Modified Business Tax (MBT) on gross wages for all productions in Nevada.

Questions? Reach out to us at support@wrapbook.com. 

Learn more about State of Nevada MBT here. 

The State of Hawaii recently expanded its application of General Excise Tax (GET) and now requires GET to be imposed on all wages, salaries, and employer benefits for productions in Hawaii.

Starting November 1, 2024, Wrapbook will collect and remit 4.5% GET on all employer payroll costs (including Platform Fee) for productions in Hawaii.  

Questions? Reach out to us at support@wrapbook.com. 

Learn more about State of Hawaii GET here.