CORONAVIRUS RELIEF PROGRAMS

Cannabis Accounting and Bookkeeping

CA cannabis accounting

The highly-regulated cannabis industry faces strict sales tracking guidelines and other government regulations that make managing accounting processes a challenge. At KWB Accounting, we can help! We offer accounting and bookkeeping services designed to overcome obstacles and grow a successful marijuana business. Our cannabis CPA firm gives you more than dry financial data, we’ll show you how to use your numbers to control expenses, stay compliant with state and federal tax regulations, and make smart business decisions.

Our powerful accounting solutions will make managing your finances and maintaining tax compliance easier. We’ll help you implement best practices for handling cash, reconcile your seed-to-sale system with QuickBooks, and solve operational problems. We’ll also guide you through allocating costs so your business optimizes deductions to lower your taxable income and reduce taxes owed.

Discover the difference of working with a CPA firm that understands your business! Call us now at 800-588-7835 or request your free consultation online to learn more.

Accounting for the Cannabis Industry

  • Specialized accounting and bookkeeping
  • Assistance forming a legal business structure
  • Audit-ready financials
  • Monthly reconciliations of POS data
  • Reconciliations of seed-to-sale tracking systems with QuickBooks
  • Bank reconciliations
  • Record monthly transactions
  • Review general ledger and reconcile balance sheet accounts
  • Evaluate and refine internal controls
  • GAAP cost accounting