B
Bookkeeping and monthly close
Double-entry books, bank/POS/METRC reconciliation, and a clean monthly close with financials you can actually use.
Flat monthly service
Every dispensary is different.
We do your cannabis accounting and taxes for a flat monthly fee: bookkeeping, §280E, payroll, and filings. What it costs depends on your dispensary, how many entities, your monthly volume, and whether you need catch-up work. Book a consult and we’ll quote it.
§280E specializationNew Jersey focusedCannabis-only practice
app.420ledger.com/portal
Books closed · June
Monthly close
Revenue YTD
$1.24M
reconciled to POS
Deductible COGS
$531K
allocated under §280E
Review queue
14
transactions need support
§280E allocationReconciled
| Product COGS | $412,000 | Deductible |
| Packaging and testing | $31,500 | Deductible |
| Retail salaries | $210,000 | Disallowed |
| Marketing | $64,000 | Disallowed |
POS · bank · METRC
Reconciliation queue
Sales and deposits4 flagged
| Jun 02 | $4,820 POS | $4,820 bank | Matched |
| Jun 03 | $2,140 POS | No deposit | Undeposited cash |
| Jun 04 | METRC sale | Missing POS | Needs review |
| Jun 05 | $3,605 POS | $3,605 bank | Matched |
June 2026
Trial balance
Validation checksIn balance
| Cash | $221,430 | Verified |
| Inventory | $318,920 | Tied to source |
| Sales tax payable | $46,210 | Review due |
| Owner distributions | $72,000 | Posted |
Tax year 2026
Filing workflow
Returns and payroll formsOwner review
| NJ CBT-100 | Draft workpapers | Review |
| Form 941 | Q2 payroll deposits | Ready |
| 1099-NEC | Vendor payments | Filed |
| Audit trail | June close packet | Locked |
One flat monthly fee for the accounting work.
Not software you license and run yourself, and not billed by the hour. It’s a done-for-you accounting and tax service: we keep the books, do the §280E work, and file the returns.
T
§280E and tax filings
Deductible cost-of-goods separated from disallowed expenses, New Jersey treatment applied, and returns prepared and filed.
P
Payroll and owner support
Payroll cost capture for §280E, filing-ready forms, and a real person who knows cannabis when you have a question.
How it works.
A simple handoff that turns messy cannabis records into monthly books, §280E workpapers, and filing-ready support.
A
Connect the source data
Bank, POS, payroll, METRC, prior returns, and current workpapers come into one monthly accounting workflow.
B
We close the books
Transactions are categorized, reconciled, reviewed, and documented with §280E treatment built into the close.
C
You get usable numbers
Monthly financials, tax workpapers, payroll support, and filing status are kept organized for your dispensary.
Questions operators ask.
Short answers before you book a consult.
No. 420Ledger is a done-for-you cannabis accounting and tax service. The portal is how we deliver the work, but we keep the books, do the §280E work, and prepare the filings.
No. 420Ledger is focused on licensed New Jersey dispensaries.
We look at your entities, volume, POS and bank setup, payroll, current books, catch-up needs, and §280E exposure.
No. We coordinate payroll records with the books so wages, taxes, owner pay, and §280E treatment are captured correctly.
Get a quote for your dispensary.
Tell us about your entities, volume, and where your books stand. We’ll give you a flat monthly price and walk you through how we’d run the work.