Below are some links to videos that may be useful to you in your business.
The link to Introduction to IRC 280e gives an overview about 280e and how it can affect your Cannabis business. If you are in, or considering getting in, the Cannabis industry and have not heard of 280e, or would like more information about how 280e can impact your business, this is a great video to get you started.
The link below, Accounting Basics, covers some basic accounting information and jargon such as defining what the Chart of Accounts is and how to set one up for your business. If you are trying to set up your own bookkeeping, you may find this information useful.
The link to Accrual Accounting discusses the difference between cash accounting and accrual accounting. In the Cannabis space, Accrual Accounting can be your best friend. Therefore, it is important to understand the difference.
The Inventory Accounting video takes a little deeper dive into accrual accounting and how your expenses for the products you sell flow from inventory and into your cost of goods sold.