§280E-aware books,
closed by day 18.

Cannabis bookkeeping isn't standard bookkeeping. Your chart of accounts must separate plant-touching and non-plant-touching costs to support §280E compliance. METRC data must reconcile against POS records and financial statements monthly. We handle all of it — on a platform we built specifically for cannabis, not adapted from a general-accounting template.

Closed by day 18 METRC reconciliation §280E-aware COA 27 states
What's included

The monthly close — every month.

Every bookkeeping client gets the full scope — monthly close by day 18, METRC reconciliation, §280E-aware coding, deliverables by day 20.

01 · CLOSE

Books closed by day 18.

POS data, bank feeds, and payroll entries imported, categorized with §280E treatment, and reconciled. Every month, without exception. Clean monthly financials ready when you need them — for lenders, investors, or your own decisions.

02 · COA

§280E-aware chart of accounts.

We build and maintain a chart of accounts structured for §280E compliance — separating COGS, plant-touching operating costs, and non-plant-touching expenses. This separation is the foundation of every tax position we take for you.

03 · METRC

METRC / seed-to-sale reconciliation.

We reconcile your METRC data against your POS sales records and financial books every month. Discrepancies are identified and resolved before they become regulatory issues with your state cannabis authority.

04 · BANK

Bank and credit card reconciliation.

Every account reconciled to the penny each month. Cannabis businesses operate with higher cash volumes than most industries. Clean reconciliation is not just good practice — it's the IRS's first request in any examination.

05 · REPORTS

Monthly deliverables by day 20.

P&L, balance sheet, 280E allocation summary, and tax packet — generated through our platform and available in your portal by day 20. Your effective taxable income is visible every month, not only when your tax return is due.

06 · REVIEW

Monthly operator review.

30-minute call. KPIs open. We walk the variances, flag the next tax action, and write the summary in the portal. Not a recitation of numbers — a conversation about what they mean for your position.

Who this is for

Every plant-touching license type.

If your business touches cannabis, your books need cannabis-specific treatment. We serve every license type across 27 states.

Retail dispensaries

Your primary revenue center. Per-location P&L, excise tax liability, sales tax collected, and COGS by product category — everything your §280E return needs, every month.

Cultivators and farms

Cultivation COGS is complex: labor, inputs, facility overhead, depreciation. We build the cost accounting infrastructure cultivators need to maximize their COGS position under §280E.

Processors and manufacturers

Processing adds another layer of COGS complexity — trim allocation, extraction costs, packaging. We track it correctly so your §280E position holds up at audit.

Any plant-touching license

If your business touches cannabis, your books need cannabis-specific treatment. We serve every license type in all 27 states — single location to multi-state MSO.

FAQ

Common questions about cannabis bookkeeping.

Why does cannabis bookkeeping require a specialist?

Cannabis bookkeeping requires a specialist because of IRC §280E. A standard chart of accounts separates revenue and expenses but doesn't separate them the way §280E requires — between plant-touching COGS (deductible) and operating expenses (non-deductible). A general bookkeeper who doesn't understand §280E will miscategorize expenses, leave deductible COGS on the table, and produce financials that aren't defensible at tax time. We build every cannabis chart of accounts specifically for §280E compliance.

How does METRC reconciliation work?

METRC is the seed-to-sale tracking system used in most legal-cannabis states. Your METRC data tracks every unit of cannabis inventory — what came in, what was processed, what was sold. We reconcile your METRC data against your POS sales records and your financial statements every month. Discrepancies between METRC inventory, POS sales, and financial records are caught and resolved before they become regulatory compliance issues.

What deliverables do I receive each month?

By day 20 of each month: a §280E-aware P&L, balance sheet, 280E allocation summary showing your COGS position and effective taxable income, and a tax packet covering your quarterly estimated tax position. All generated through our platform and available in your client portal. No chasing, no delays.

How does monthly bookkeeping connect to §280E compliance?

Your monthly books are the foundation of your §280E tax return. If transactions are miscategorized throughout the year — plant-touching costs coded as operating expenses instead of COGS — your annual return will either overstate your tax liability or create audit exposure. Clean, §280E-aware books every month mean your tax return is an accurate summary of work already done, not a retroactive reconstruction under time pressure.

What is the monthly operator review?

Every month we do a 30-minute call with your key operators. KPIs open, we walk the variances from prior month, flag any tax actions due, and identify any §280E allocation issues while they're still correctable. We write the summary up in your portal so your team has it in writing. This is included in every engagement — not a premium add-on.

Pricing

Flat monthly rates. No hourly roulette.

All tiers include monthly close by day 18, METRC reconciliation, §280E-aware financials, and monthly operator review. Pricing scales with location count and entity complexity.

Ledger
$1,500 – $2,500/mo

Single-location dispensary. Monthly close, METRC reconciliation, COA maintenance, §280E-aware financials, and monthly review.

Fractional CFO
$4,000 – $7,500+/mo

MSOs and multi-entity operators. Entity-level and consolidated books, multi-state decoupling, and full tax strategy across all 27 covered states.

Talk to us

Clean books every month — starting with your first close.

Disorganized books compound. Every month of miscategorized transactions is a month you'll spend correcting later. We'll assess your current setup and tell you what it takes to get it right.

Start working together →