Record sales entries

Certain franchise charges are based on franchise sales. Sales entries are records that contain sales data such as the net sales amount and sales tax, and the corresponding contract charges for a given cycle date. You can record estimated, phone-communicated, or actual sales entries. You can use the Franchise Management application to calculate customer charges based on contract setup.

You can run batch reports and make online inquiries to monitor the status of your sales entries. By monitoring franchise activity and making updates to sales entries throughout the period, you ensure that your franchise sales data is as complete as possible before you close your billing cycle.

This chapter provides instructions on how to record franchise sales and franchise charges.