Franchise Fee Setup
The franchise fee is the payment made by a franchisee to the franchisor for joining the franchise system.
Setting up Franchise Fee:
To set the franchise fee for each store, go to settings => Store settings => Franchise Management => Franchise Fee setup.
Here, you can select the store, assign a certain percentage of the fee, and choose the calculation criteria (Payment Received, Total Sales, or Net Profit) on which it will be based.
The franchise fee will be calculated and displayed in the respective column.
Note: Once a store is selected, it will not be displayed in the dropdown menu for store selection.
Report:
The result of the franchise fee setup can be seen in the multi-store report, where a new column will be displayed based on this setup.
If the user has not set up the franchise fee, the column will not be shown in the report. If the user deletes the setup for all stores, the column will also disappear from the report.
Note: The franchise fee setup will only be shown to the Admin User.
The user can translate the required word using the Language editor.