Why You Should Choose Rolling Hills CFO

Comparison Chart of what a Canna CEO gets from various providers:

  Established CPA Firm Quickbooks Bookkeeper Cannabis Accountant In House Staff / CFO Rolling Hills CFO
Probably Nothing (as most mid/big CPA firms are not in the space.) ✔        
High Costs, Taxes, Insurance, Turnover       ✔  
Data Entry of Expenses and Deposits   ✔ ✔ ✔ ✔
Professional Onboarding / Cleanup     ✔ ✔ ✔
Proprietary Chart of Accounts for all Cannabis Sub-Industries         ✔
Solid Record Keeping
(Support docs attached to each transaction.)		   (maybe) (maybe) (maybe) ✔
Bookkeeping
(Bank / Credit Card Recs, Basic Financials Printed)		   ✔ ✔ ✔ ✔
Accountant / CPA review of Entry and Recs     ✔ ✔ ✔
Preparation of GAAP Accruals, including required cost accounting     (maybe) (maybe) ✔
Preparation of Month End CFO Level Tie Out Report         ✔
Proprietary Self Review System that checks / catches mistakes monthly         ✔
Preparation of Professional / GAAP Financials and Month End Reports     (maybe) (maybe) ✔
Preparation of 6 Month Rolling Cash Forecast       (maybe) ✔
Other Services: Payroll, Compliance, Sales and Use tax, etc     (maybe) (maybe) ✔
Other Value Add Documents
(Models, HR docs, KPIs, Dashboards, etc)		     (maybe) (maybe) ✔
280e Tax Workpapers
(Convert GAAP to 280e/471 ready)		     (maybe) (maybe) ✔
Tax Prep, Annual Tax Planning, Strategic Planning     (maybe) (maybe) ✔
Perpetual Data Room

  • All corporate, financial, tax and insurance contracts are on the cloud, so they’re always ready any day / every day for investors, lenders and auditors.
         ✔
Fixed Fee Pricing – We grow as you grow.         ✔
More Cash

  • Increased margins, better tax planning.
  • Maximize available deductions.
         ✔
More Time and Peace of Mind

  • Less CEO time on financials and fewer worries about compliance.
         ✔
More Expertise

  • Our Network has many CPAs, CFOs, attorneys, MBAs and bookkeepers – all experts in cannabis!
         ✔
Better Compliance as records and accounting are more robust.         ✔
Responsive and Reliable – available when you need us!         ✔

We estimate the increased value to your firm by offering the above services to increase overall entity value by 4-15% and always at a cost lower than 2% of foreward revenues, meaning our service is a net benefit to your company.

Most Accountants simply don’t offer this level of service, and an outsourced CFO might offer some of the above at a much higher cost. Full time accounting staff will cost much more as well.