Production Financial Support

Boosting your audiovisual projects with unique financial skills

National Clients

Pre-Production

Smart Plus will assist on the following steps:

  • Budget set up
  • Hiring process and cost booking
  • Cash flow set up
  • Opening and dedicated cash account
  • Tax credit and Soft Money set up (in collaboration with Smart Consulting Group)
  • Cost management set up
  • Chart of accounts
  • Dedicated banking account
  • Software set up
  • Purchase orders Set Up
  • Reporting and reconciliation with tax and financial accountings

Production

Smart Plus assist the line producer, the Production accountant(s) and will be on charge on specific activities:

  • Cost Management (Assistance to Executive Producer on the cost report)
  • Tax credit Accounting
  • Other Soft Money Accounting
  • Cost Reporting
  • Cash Flow Reporting
  • Reporting and reconciliation with tax and financial accountings

International Clients

  • Preliminary analysis of the project to verify compliance with cultural eligibility requirements
  • Project setups, including the project’s cash flow analysis and cash management
  • Supporting the foreign producer in budget analysis, cost optimizations, cross pan European countries opportunities
  • Support to foreign producers on Budget congruity
  • Advising the foreign producer in setting the cash flow financing plan
  • Support to foreign producers on the Italian tax credit and any other incentives/soft money
  • Scouting and support to foreign producers on European tax rebates/soft money to be claimed in other countries
  • Cost report analysis and financial control of the project
  • Supporting the Italian line producer on any financial topics
  • Management the Tax credit procedures (i.e., submission of preliminary and final applications)
  • Management of relations with the Italian authorities for the recognition of tax credit
  • Liaising with Italian and any other foreign banks for tax credit and VAT loans, matching with the production status, the financing plan, and the foreign producer’s financial needs
  • Issuance of due diligence/opinion letters for Italian and foreign banks to loan tax credit, VAT, and any other incentives/tax rebates
  • Issuance of the final certification of production costs incurred by the Italian service company to be submitted to the Italian tax authorities with the tax credit final application
  • Supporting the Italian production service company in assigning the tax credit to Italian banks