Vital Knowledge, Systems, & Support to Foster Your Growth and Success
Bookkeeping & Accounting
At Botannabis, we understand that cannabis bookkeeping can be challenging and somewhat overwhelming. Regulations require diligent and detailed oversight and maintenance on an on-going basis.
We are happy to take this off your plate. We offer all the usual bookkeeping roles, but geared towards our industry. For example:
Accounts Payable
Accounts Receivable
Cash Tracking & Bank Reconciliations
Daily Sales
Inventory
Sales, Use & Excise Tax
End of Month Financial Package preparation.
Budgeting & Forecasting
Management support
Payroll and much more!
All provided in a timely and accurate manner.
Additionally, we provide you with the unique services related to the cannabis world. We understand IRC280e and how to categorize expenses to reduce your tax liability. We will file your Minnesota 10% excise tax. We know Metrc and Biotrack and will meet these requirements (Metrc for Minnesota).
We also work with you and your team to develop an understanding of what the numbers mean and how to affect them. The results don’t mean anything if you don’t know how to interpret them and react to them.
Start Up & One-Time Support
Our team of expert accountants are well-versed in the intricacies of cannabis accounting. With our assistance, you can focus on running your business while leaving the financial implementation to us. Of course, we will want and need your input!
We’re here for you in other times of need as well.
Do you have bookkeeping or managerial team-members that could use some accounting or cannabis-related system training? We love training!
Did someone quit suddenly, or you find yourself shorthanded? Give us a call!
Do you have a special project that needs attention or you’re unsure how to tackle it yourself? We’re here for you!
We’re here for you, even if it’s short notice and not on a regular basis.
Flat-Fee Pricing
All pricing is flat-fee based. Here is our pricing process:
1. We start with a free consultation to determine how best to support your success.
2. We then decide together what would best fit your business based on your current needs and where you want it to be.
3. We provide you with a clear proposal of our services and the flat rate price.
4. You can privately make a decision, ask us questions, and, of course, jump for joy!
Our flat-fee pricing is not set in stone, so we don’t publish it. It’s based on where your business is today, where it’s headed, and/or where you want it to be.
Our pricing also depends on factors such as:
Your current bookkeeping structure, if any
Number of locations
Does it include set up? We offer a discount if you hire us for your set up!
The existing POS system (we’re happy to suggest ones we like)
How much or how little you want us to do
Is there “clean up” work to be done?
Other relevant items
We hope this assists in understanding why one-price does not fit all.
