New York Part 51 Theatrical Accounting is a method of accounting used by film and television production companies located in the state of New York. It is designed to help producers accurately track the costs associated with a production, including payroll, overhead, and investments. The accounting system is based on the "Production Cost Report" (PCR), which is a document used to track costs throughout the production process. It includes two main categories: the Production Cost Summary (PCS) and the Project Cost Summary (PCS). The PCS is a form used to calculate the total cost of the production, while the PCS is a form used to track the individual costs of each element of the production. There are two different types of New York Part 51 Theatrical Accounting: the Standard Cost Report (SCR) and the Project Cost Report (PCR). The SCR is used to determine the total cost of the production, while the PCR is used to track the individual costs of each element of the production.
New York Part 51 Theatrical Accounting
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