Business cycle flow

You can use the Franchise Management application to help you operate your franchise business cycle. During daily processing, you record customer sales amounts and note prepayments. Periodically, you can run reports to monitor preliminary sales and variances between customer-submitted and system-calculated contract pricing. At user-defined intervals, you can create invoice interface records that are transferred to the Billing application for invoicing. Use the Accounts Receivable application to process invoice payments and account statements. At cycle end, you can use the Franchise Management application to close the cycle.