What StrikeBooks Is (and Isn't)

What StrikeBooks does

StrikeBooks is built for event, AV, and film production freelancers who need accurate invoicing and a clear picture of their business finances.

1. Job billing & invoicing — Track jobs day-by-day with union-style labor math — overtime, double time, short turnaround, premiums, per diem, and mileage on invoices. Generate professional PDF invoices and estimates.
2. Clients, rate cards & gear — Save client details, reusable rate cards, and Gear Locker inventory for rental line items on invoices.
3. Time clock — Log hours from any device; entries can flow into job billing.
4. Financial tracking — Record income and expenses (Transactions), link bank activity, log business mileage, and attach receipts.
5. Reports for you and your CPA — P&L summaries, quarterly federal tax planning estimates, a downloadable Tax Summary for your CPA, and a Schedule C planning worksheet — all derived from your ledger.
6. Schedule C–aligned categories — Expense categories and subcategories are organized to map toward Schedule C lines, including asset purchases you flag for depreciation review.

What StrikeBooks does not do

StrikeBooks helps you stay organized. It does not replace professional tax preparation, legal counsel, or payroll services.

• •Prepare, review, sign, or e-file federal, state, or local tax returns
• •Provide tax, legal, or accounting advice
• •Calculate depreciation schedules, Section 179 elections, bonus depreciation, or Form 4562
• •Issue Form 1099-NEC or run employee payroll
• •Guarantee that tax estimates match what you will owe or that categories are deductible in your situation
• •Automatically connect to banks for live sync (imports are manual/CSV-based where available)
• •Track capital assets in Gear Locker — that module is for rental inventory billed on jobs, not fixed-asset registers

How reports relate to your CPA

1. Profit & Loss — Cash-basis snapshot of income and expenses for the selected year. Useful for knowing where the business stands.
2. Taxes tab (quarterly planning) — Federal estimate planning using your tax profile, business net income, and synced IRS tables when available. Link estimated tax payments from Transactions to quarters manually. Estimates are for planning only — not a filing.
3. Tax Summary (CPA export) — Year-end summary of income, deductions by category, vehicle and home workspace methods, asset purchases flagged for depreciation, and linked federal estimated payments. Not a filed tax return.
4. Schedule C worksheet — Rolls expenses into Schedule C–style lines for reference. Not an official IRS form and not a substitute for professional tax software.
5. Asset purchases (computers, equipment, etc.) — When you buy equipment over your de minimis threshold, categorize the transaction under Depreciation / Section 179 (e.g., Computers asset). StrikeBooks records the purchase and lists it for your CPA. Your preparer calculates depreciation or Section 179 at filing time.

Your responsibilities

• •Verify every invoice line item, rate, and total before sending to clients
• •Categorize transactions accurately; uncategorized expenses show zero deductible on the Tax Summary
• •Confirm vehicle method (standard mileage vs. actual), home office eligibility, and deduction treatment with your CPA
• •Review all reports with a qualified tax professional before filing
• •Keep supporting receipts and documentation outside StrikeBooks as required by law