cannabis accounting Archives - 365 Cannabis https://www.365cannabis.com/tag/cannabis-accounting/ Software To Grow With Fri, 03 Oct 2025 22:11:31 +0000 en-CA hourly 1 https://wordpress.org/?v=6.6.4 https://www.365cannabis.com/wp-content/uploads/2019/07/cropped-The-D-32x32.png cannabis accounting Archives - 365 Cannabis https://www.365cannabis.com/tag/cannabis-accounting/ 32 32 How ERP Saves Cannabis Operators From End-of-Year Reporting Chaos https://www.365cannabis.com/cannabis-erp-end-of-year-reporting/ Mon, 06 Oct 2025 17:00:00 +0000 https://www.365cannabis.com/?p=8658 End of year reporting does not have to mean late nights with spreadsheets. Discover how a cannabis ERP can automate compliance, simplify audits, and close the books with confidence.

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Every December, cannabis operators across the country start the same ritual: late nights with spreadsheets, cursing at QuickBooks, and pulling data from half a dozen systems that refuse to play nice. End of year reporting is supposed to be about wrapping up the books, but for most operators it feels more like wrestling a gorilla made of compliance requirements. 

It does not have to be that way. An ERP built for cannabis turns year end reporting from panic mode into a process you can actually trust. The right system will even keep you from burning the midnight oil and crying at your laptop.* 

*results may vary 

Why Year End Reporting is a Nightmare Without ERP 

Look at him. He’s having a terrible time.

Cannabis businesses have a unique kind of reporting pain: 

  • Compliance rules that never take a holiday: Regulators expect every gram, dollar, and SKU to tie back to state systems like Metrc or BioTrack. Good luck doing that with scattered spreadsheets and disconnected apps. 
  • Inventory math that feels like a trick question: Valuing cannabis inventory is a juggling act. Raw materials, trim, extracts, finished goods, and perishables all have to be counted and costed correctly. One wrong formula and the whole report collapses, and that is before you even try to build out a bill of materials with labor costs included. 
  • Revenue streams that do not get along: Cultivation, manufacturing, wholesale, and retail each have their own quirks and payment methods. Reconciling them manually is the definition of busywork. 
  • Audits waiting to pounce: Year end is prime time for audits. Manual processes leave you more on edge than cutting edge. As Snoop once said, it is better to stay ready than get ready. 

How ERP Turns the Chaos into Clarity 

This could be you, but your tech stack is taller than your to do list.

Instead of digging through silos, ERP brings finance, compliance, and operations into one system. The result is year-end reporting that does not require caffeine fueled marathons. 

  • Automatic compliance syncs keep numbers aligned with state systems. No surprises, no drama. 
  • Real time inventory valuation tracks costs across every stage so you are not rebuilding the math at the last minute. 
  • Finance and operations actually talk to each other in ERP. No more chasing down mystery numbers; everything connects by design. 
  • Audit ready reports are baked in. What used to take days now takes minutes. 
  • Multi location roll ups let operators see the big picture instead of piecing it together like a jigsaw puzzle. 

The Part Nobody Talks About 

Our industry knows the right tools are non-negotiable

End of year reporting isn’t just about filing taxes or proving compliance. It’s also your team’s chance to learn from the year, and for an accurate analysis you need a single source of truth. ERP gives cannabis operators visibility to spot what worked, what flopped, and where next year’s growth should come from. Without that clarity, you are not planning, you are guessing, and those guesses get expensive and dangerous. 

Close the Books Without Losing Your Mind 

End of year reporting will never be fun, but it should not feel like punishment. With ERP, cannabis operators step into reporting season with confidence instead of chaos, accuracy instead of anxiety. 

Ready to swap late night spreadsheet misery for stress free reporting? Talk to 365 Cannabis and make this year the one you finish strong. 

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Why Cannabis Cultivators Outgrow QuickBooks https://www.365cannabis.com/metrc-compliance-without-quickbooks/ Wed, 17 Sep 2025 00:18:05 +0000 https://www.365cannabis.com/?p=8628 Learn why cannabis cultivators outgrow QuickBooks. Discover how ERP with direct Metrc integration simplifies compliance, eliminates manual entry, and streamlines finance in one platform.

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Metrc is the standardized backbone of cannabis compliance. Every plant, transfer, and sale must be recorded, and cultivators know the rules are non-negotiable. For small operations, spreadsheets and QuickBooks can work as a starting point. But for medium and large cultivators, this Frankenstein tech system creates more problems than it solves. Manual entry leads to mistakes, period. QuickBooks doesn’t connect to Metrc, period. Spreadsheets aren’t audit-proof, period. At scale, the compliance burden becomes a business risk. 

The good news? You don’t have to juggle three systems to stay compliant. With cannabis-specific ERP software, cultivators can integrate directly with Metrc and remove the need for QuickBooks altogether to save you time, money and sanity.  

The Trouble with QuickBooks in Cannabis 

QuickBooks is one of the most widely used accounting tools in the world. It’s affordable, accessible, and a majority of bookkeepers are trained on it. For basic journal entries or vendor payments, QuickBooks can get the job done. But for many cannabis operators, it falls short or leaves you hanging. 

QuickBooks doesn’t integrate with Metrc. That means cultivators must manually enter data into two separate systems, doubling the workload and the risk of human error. It also doesn’t handle batch management, yield tracking, or compliance tagging. When regulators audit, pulling accurate reports across spreadsheets, QuickBooks, and Metrc becomes a nightmare. On top of all the industry-specific shortcomings, the Intuit terms of service allow QuickBooks to pull the plug on cannabis businesses at any time.  

In short, QuickBooks was never designed for cannabis. For growing cultivators, the cracks show fast. 

Why ERP is Different 

Enterprise Resource Planning (ERP) systems built for cannabis combine finance, compliance, and operations in one platform. The right ERP integrates directly with Metrc, so every plant and every gram is tracked automatically. No duplicate entry. No gaps between systems. 

As a disclaimer, not EVERY ERP is built for cannabis. 365 Cannabis utilizes Microsoft’s Dynamics 365 Business Central ERP and has custom built it exclusively for cannabis. On a more confusing note, not every ERP in cannabis is actually an ERP- it’s common for some seed-to-sale software to claim they’re an ERP despite not delivering on the ERP promise.  

A true ERP streamlines all software for operators and eliminates the need for a mismatched tech stack.  

Here’s what cultivators gain with ERP: 

  • Direct Metrc integration: Plant tagging, harvest data, and transfers flow automatically 
  • Compliance-ready reports: Regulators ask, you pull the data fast 
  • Audit trails: Every action is tracked, so you’re always inspection-ready 
  • Integrated finance and forecasting: Cost per gram, yield forecasting, and revenue reporting are tied directly to your cultivation data 

Instead of bouncing between Metrc, QuickBooks, and spreadsheets, ERP creates one source of truth. 

Beyond Compliance: Smarter Operations with ERP 

The benefit of ERP goes beyond Metrc capabilities and what any seed-to-sale can offer. By uniting compliance and finance, cultivators finally see the true cost of production. Batch data connects directly to financial reports. Yield forecasts are grounded in real numbers, not guesses. Investors and stakeholders get clear, accurate reports. 

And without QuickBooks in the middle, finance teams don’t fight against a system that was never meant for cannabis. Everything lives in one platform designed for the industry. Your finance team will thank you, and they’re the team you really want to win over (trust us).  

Next Steps 

Metrc is mandatory. QuickBooks is optional. For cultivators who want to scale without compliance risk, ERP is the clear path forward. By integrating directly with Metrc and eliminating the need for QuickBooks, cannabis operators save time, reduce risk, and create a stronger foundation for growth. 

Your compliance system should not hold you back. Schedule a demo with 365 Cannabis today and see how ERP makes compliance simple, accurate, and scalable. 

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