New Approach Bookkeeping LLC
New Approach Bookkeeping provides cannabis companies with their day-to-day, monthly, quarterly, and yearly financials. Our services include full cycle bookkeeping, HR business consulting, cash management, and payroll services for the cannabis industry. We have over 3 years experience and understand the 280e publication and how it affects all entities of the cannabis industry.
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Data entry, purchase orders, intake management, sales receipts, posting expenses and revenue, accounts payable (pay vendors), accounts receivable (monitor outstanding balances)
Monthly financials; Profit & Loss, Balance Sheet, cash flow, cash management (weekly balancing), setting up chart of accounts specific to the cannabis industry, reconcile bank, LOC, and credit cards, participate in annual audits with CPA
New hire reporting, entering employee hours, process payroll on a schedule convenient to the client (weekly, Semi-monthly, and monthly), direct deposit option, garnishments, process monthly, quarterly and yearly filing and payments, adjust services for harvest time for grows
Online payments for federal and state, quarterly and yearly filings
We are now providing a banking solution for payroll services. This includes Federal and State online payments and filing (includes MJ taxes). This removes the risk of being assessed the 10% penalty by Federal when paying taxes with cash at an agency location. Gives us a call to find out more.
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Any questions? Send a message to New Approach Bookkeeping LLC using the form below: