We’re sure you have your game all mapped out, and production under control, but when you’re in the thick of it, don’t forget that solid financial planning is just as crucial.
Whether you’re a game developer, designer, or distributor, keeping on top of your finances can feel overwhelming. That’s where we come in.
Here at Raedan, we specialise in accounting for the gaming industry. Although we don’t just see ourselves as your accountants. We take the time to understand your goals, your challenges, and your creative vision.
Our passion for the gaming industry means we don’t just crunch your numbers – we’re genuinely excited about helping you succeed.
Ready to stop stressing about your accounting?
OUR EXPERIENCE AS ACCOUNTANTS FOR THE GAMING INDUSTRY
The gaming industry is unique. Unlike more traditional businesses, video game developers face specific challenges that require a deep understanding of the industry’s nuances.
Revenue isn’t always straightforward, with different income streams such as royalties, in-app purchases, and subscription models, managing your earnings can get tricky.
From fluctuating cash flow to complex tax laws, and the ever-changing landscape of grants and funding options, you’ll need an accountant who truly gets it.
At Raedan, our expertise in the creative industries means we know the ins and outs of accounting for the gaming industry, be it acting as accountants for video game developers, marketers, writers, sound engineers or anyone in between.
We don’t believe in cookie-cutter solutions. Every gaming studio is as unique as the characters that they create, and so are your accounting needs.
Whether you’re an indie game developer just starting out, or a well-established studio with a growing team, we understand the specific needs of this dynamic sector and offer bespoke accounting services that speak your language.
SIMPLE GAMING INDUSTRY ACCOUNTING TIPS
TRACK REVENUE SEPARATELY
For companies developing multiple games or operating on various platforms, it’s crucial to track revenue separately for each. This ensures you can see which games or platforms are the most profitable, helping in decision-making and resource allocation.
In gaming, especially with subscription services or in-app purchases, revenue recognition often occurs over time rather than upfront. Using cutting-edge automated software, like our personal favourite – Xero, can help ensure that your accounting system aligns with industry standards for deferred revenue and recognises income as services or goods are delivered.
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Understanding gaming industry finance quirks can be a finicky task. We’re here to make sure you’re never stuck guessing.
Whether you need a hands-off solution where everything’s taken care of, or you want a proactive partner who can spot opportunities and give you strategic financial advice, we’ve got you. No matter if that’s scaling your studio, managing international sales, or planning an exit strategy.
Monitor Your Development Costs
Developing a game can be a long and expensive process, with costs piling up a mile-high before any revenue even starts pouring in. Being a stickler for monitoring your costs will help you maintain a healthy cash flow, and ensure you have enough runway to see your project through to completion.
Level up your finances with accountants who have a unique understanding of the gaming industry. We’ll keep your finances in order so you can focus on designing props or programming new skins. No stress required.