You can trust our team of professionals with bookkeeping, payroll, and HR compliance and training for your cannabis business.
We put hours back in your day and, most importantly, we provide insight. We review your Profit & Loss and Balance Sheet statements to make sure they show the true condition of your business. What parts of your business are driving revenue? Which ones cost you money? Cash management generally is not a problem in and of itself; it is a symptom of other problems. With the cannabis industry cash management is crucial. It is a common misconception that a business owner “loses control” of their finances if they outsource bookkeeping. With us, that couldn’t be further from the truth.
Our experience includes cannabis industry financial systems and processes in dispensaries, grows, exraction, edibles, and anscillary companies that support the industry. We are knowledgable with the POS systems, MJ Freeway, MMJ Menu, BioTrack, Adilas, and OLCCC’s METRC system.
Best of all, our staff is all-local dependent on the location of our offices. We partner with CPA’s and Attorney’s in the areas closet to your company(s) Your staff representative will know your account and are always here for you, whenever you need us.
Say goodbye to employee payroll issues when you switch to the professional services provided by New Approach Bookkeeping.
Free up your time: Payroll processing by hand is an excruciatingly time consuming process. Outsourcing your payroll can help you focus your efforts on growing your business.
Reduced costs: The IRS indicates that a business may spend upwards of $2600 a year on payroll processing – you could be saving up to 50% with New Approach processing payroll.
Avoid IRS penalties: Around 40% of small businesses pay an average of $845 for incorrect/late filings. New Approach can provide you with accurate and reliable services to ensure you won’t be targeted by the IRS.
- Electronic Payment of State & Federal Taxes
- Direct Deposit
- Prepare and print employee checks
- Online access of payroll checks & reports
- Garnishment services
- Monthly & Quarterly filings
- Year end processing of W2’s, W3’s, WR, and 1099’s
- New Hire Reporting
As a business owner it is important to have the time to meet with your clients. Keeping your own books takes time away from that priority.. When we take care of your books for you, so you can get back to the job of running your business and generating profits.
We recommend CPA’s that have cannabis experience. We work together with your CPA to give you a financial picture of your company.
We provide two levels of assurance to meet your needs.
A cash crisis can be emotionally devastating. It can even kill your business. The starting point for avoiding a cash crisis is allowing us to develop a cash flow projection for you.
QuickBooks is the ideal business accounting software for business owners. Here’s 10 reasons why you should be using QuickBooks.
We will set up your QuickBooks file and discuss how you can review your financial reports.
You will find comfort in knowing that the answers to your QuickBooks questions are only an email or phone-call away.