Cannabis Accounting
Proper accounting and bookkeeping are essential to any business’s success. This is even more important in the cannabis industry where the lack of rock-solid, audit ready finance and cannabis accounting can cost a business hundreds of thousands of dollars and even the loss of an operating license. The team of professionals at 7 Leaf CFOs knows all of the intricacies of cannabis accounting and can help your organization maintain solid books and records and have your finances audit-ready 24/7, 365.
7 Leaf CFOs have powerful accounting solutions. Whether you are a start-up or a mature company, we have the right tools to strengthen your accounting and reporting function. No two companies are exactly alike. We team up with you to customize our services to your specific entity. This ensures your business gets the world class service that it deserves and you have the quality data and reporting you need to run your business.
At 7 Leaf CFOS, our skills help you focus on growing your business instead of getting bogged down in the complex tax laws, regulatory requirements and back-office accounting issues. Contact us now for a free consultation to see how our accounting solutions can benefit your cannabis company.
Cannabis & CBD Accounting and Tax Services
- Specialized accounting and bookkeeping
- CFO & Controller Services
- Assistance forming a legal business structure
- Audit-ready financials
- Inventory management solutions
- Supply chain management
- Monthly reconciliations of POS data
- Reconciliations of seed-to-sale tracking systems
- Bank reconciliations
- Record monthly transactions
- Review general ledger and reconcile balance sheet accounts
- Evaluate and refine internal controls
- GAAP cost accounting
- Prepare and file sales tax return
- QuickBooks support