How to Record Cannabis Trade Show Fees
Accounting for booth fees and attendance costs for industry trade shows and conventions.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Marketing Expense (Non-Deductible 280E) | Expense | 3,500.00 | - |
| Cash | Asset | - | 3,500.00 |
💡 Accountant's Note
Trade show fees are considered marketing/selling expenses. Under Section 280E, these are non-deductible for federal tax purposes.
Practitioner & Systems Framework
💻 ERP Architecture
Use a specific GL code for '280E Non-Deductible Marketing' to simplify tax preparation.
⚠️ Audit Flags
Failure to segregate marketing from COGS-related expenses in a 280E audit.
📄 Required Documentation
Exhibitor contracts, receipts, and event programs from the event.
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Discussion & Community Questions
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