Standard Special Charge (FR07.1)
Use Standard Special Charge (FR07.1) to define and maintain standard special charges. Standard special charges are any charges that are not sales based or note based charges, such as charges for purchases made for the franchise, tax billings, and miscellaneous charges or adjustments.
Before you define a standard special charge, ensure that the company and related accounts are defined in the General Ledger application and that the company is also defined in the Accounts Receivable and Billing applications. In addition, ensure that you define the base currency in the Currency application and assign it to each company in the General Ledger, Accounts Receivable, Billing, and Franchise Management applications.
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After you define a standard special charge, if you copy a standard contract containing a standard special charge into a customer contract, using the copy feature of FR10.1 (Customer Contract), the Franchise Management application uses the defaults established on this form.
If the charge is based on a percentage of sales, use FR05.1 (Standard Sales Based Charge) to define the charge. If the charge has principal and interest components, use FR06.1 (Standard Note Based Charge) to define the charge.