Welcome to Mary Jane Accounting LLC
HIGHER-LEVEL CANNABIS ACCOUNTING SERVICES
FOCUSED ON GROWTH
PERSONALIZED SOLUTIONS
Accounting is how your business records, organizes, and understands its financial information. It is how you get a clear picture of your financial position. It tells whether or not you're making a profit, what your cash flow is, what the current value of your company's assets and liabilities are, and which parts of your business are really making money.
Bookkeeping deals more with recording everyday financial transactions and operations, while accounting puts that financial data to good use through analysis, strategy, and tax planning.
The cannabis industry is predominately cash-based, which makes it difficult to manage cash flow. It is very important to have a strong accounting system in place and to reconcile financial statements with sales.
We are here to help ensure that the tax laws are applied correctly and that your business stays in compliance with the regulations, which reduces the risk of financial failure and tax debt.
When you work with Mary Jane Accounting LLC, you can expert guidance and strategic insight to help your cannabis business achieve its long-term goals. We like to work closely with you to develop personalized solutions that address your unique challenges, which will help you make informed decisions that drive growth & success.
See our services below and let's come up with the perfect personalized accounting solution for your Cannabis Business & Budget!
OUTSOURCED SERVICES
BOOKKEEPING | controller | CFO | tax planning | Consulting | Payroll
bookkeeping
- Data Entry
- Recording
- Record Keeping
- Processing Receipts
- Payments & Other Financial Transactions
- A/P - Accounts Payable
- A/R - Accounts Receivable
- Document Management
- Journal Entries
- Payment & Receipt Research & Collection
- Preparation of Initial Financial Statements.
controller
- Account Reconciliations
- Cash Management
- Expense Management
- Accounts Payable Management
- Accounts Receivable Management
- Inventory Management
- Fixed Asset Management
- Compliance
- Financial Statement Review
- Adjusting Entries
- Preparation of Final Financial Statements
- Financial Analysis & Strategy
- Forecasting & Budgets
- Cash Flow Forecast
- Provide GAAP Advice
- Ensure (280E)Compliance and Accuracy with Tax Law
- Manage Audit Processes
- Historical Data Focus
Fractional CFO
- Financial Strategy
- Financial Statement Analysis
- Interpretation & Reporting
- Long-Term Financial Strategy & Growth
- Forecasting & Long-Term Planning
- Expense Reduction
- Maximize Existing Assets
- Measuring & Improving Profitability
- Expense & Cash Flow Control
- Managing Financial Relationships
- Financial Risk Assessment
- Establish Systems, Policies & Procedures
- Financial Project Management
- Shareholder Relationships
- Fundraising & Capital Structure
- Future Cash Flow Focus
Tax planning
- Entity Structuring Evaluation
- Entity Selection and Creation
- Strategic Annual Tax Plan
- Tax planning & Ensuring Compliance
- Sales & Use Tax
- Marijuana Retail Tax
- State & Local Tax
- Reporting & Deadlines Management
- Quarterly Estimates
- Federal Tax Preparation
CONSULTING
- Cash Flow Management
- Budgets
- Forecasts
- Valuations
- Payroll Analysis & Structure
- Commission & Bonus Structure/Design
- Executive Compensation
- Exit Strategy
- Equity Structure
- Expansion Planning
- KPI Models & Strategy
- Profitability Analysis
- Product Margin Analysis
- Purchasing & Pricing Analysis
- Marketing ROI Analysis
- Accounting Department Training
- Securing Capital
- Debt Financing
- Crowd Funding
- Pitch Decks
PAYROLL
- Payroll Processing
- 1099 Forms
- Payroll Tax Returns
- Unemployment Tax
- Benefit Advice
SET-UP Services
- Accounting Technology - Accounting, ERP, POS Systems
- Accounting Department - Implement SOP's, Controls, Checks & Balances
- Accounting Procedures (SOP's) - Create & Implement
CLEAN UP
- Review all Legal & Financial Contracts
- Ensure that your Business Registration & Licenses are Current
- Track down Invoices & Receipts
- Organize Historical Data into Financial Statements
- Implement Accounting Systems & Software
- Implement a Cannabis Chart of Accounts
- Account Reconciliations
- Prepare Financial Statements