Services

AP & AR


Green is Gold, See where it’s going and when it’s coming in.

Accounts Receivable (AR) Services:

  • Invoice Management: Creating and sending invoices to clients, tracking payments, and following up on overdue accounts.

  • Revenue Tracking: Recording and reconciling all incoming payments against invoices.

  • Customer Relations: Managing communications with clients regarding billing and payments.

Accounts Payable (AP) Services:

  • Bill Management: Receiving and processing all vendor bills, ensuring accuracy in charges.

  • Payment Scheduling: Setting up payment schedules to manage cash flow effectively.

  • Expense Reconciliation: Ensuring that all payments are accounted for and properly recorded in the financial statements.

Taxes

Don’t let the Tax man kill your buzz,
benefit from a suite of tax services designed to navigate the intricate tax landscape of the cannabis industry.

These services Include:

  • Preparation and Planning: Expert assistance in preparing tax returns, structuring business operations, and conducting budget and cash flow analyses to ensure smooth financial management1.

  • Technical Accounting & Bookkeeping: Support in maintaining compliance with financial reporting obligations, especially in a challenging industry where finding knowledgeable accountants can be difficult1.

  • Strategic Tax Services: Guidance from professionals with deep industry knowledge, including understanding of tax deduction limitations under U.S. Code § 280E and inventory management under U.S. Code § 471 to minimize tax burdens while remaining compliant1.

Lula Pearl can help you maximize allowable deductions, stay audit-ready, and manage the financial complexities unique to the cannabis sector.

Payroll

Harvest your rewards: Cultivating compliance and prosperity in your payroll garden!



These services Include:

  • Payroll Processing: Streamlined payroll management to handle complex pay schedules, garnishments, and multi-state operations, ensuring your employees are paid accurately and on time.

  • Tax Compliance: Automated payroll tax calculations, payments, and filings to maintain compliance with federal and state regulations.

  • HR Integration: Seamless integration with Applicant Tracking Systems and other HR platforms to attract and retain top talent.

  • Timekeeping Solutions: Advanced time tracking for payroll, supporting a variety of timeclocks to meet organizational needs.

  • Risk-Free Management: Hassle-free payroll processing with a focus on maximizing deductions under Section 280E and navigating compliance with the Bureau of Cannabis Control.

These services are designed to provide peace of mind and allow you to focus on the core business while ensuring your payroll is managed efficiently and compliantly.