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Finance > Invoices (Franchisor)

Create Fee Periods

Modified on: Mon, 30 May , 2022 | 03:24 PM

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Fee Periods are required to set-up invoicing for your franchisees. Fee Periods allow revenue to be reported for a given period (bi-weekly, monthly, etc.) and then have FranchiseSoft invoice your franchisee based on their revenues during that Fee Period. 

1. Navigate to the Admin section on the left-hand menu.
2. Click on Finance to expand the options and then click on Royalty Setup.
3. Select Fee Period.
4. On the top right-hand corner select add new or import.
5. Add new will allow you to create a single new fee period and the following popup window will appear.
   
   
   
   
6. The import button will allow you to add multiple fee periods at one time and is the recommended method to add many fee periods at once. The following popup window will appear for an import.
   
   
   
   
7. Be sure to download the CSV file, fill in all of the fields giving each fee period a title, a start date, an end date and a type. Please make sure you follow the date format as in the CSV file or the information will not import correctly.
8. Save the CSV file to your desktop.
9. Back in FranchiseSoft upload the file clicking the blue select file button.
10. Click the green submit button, this will allow you to preview your data before it is imported.
11. If there are any errors in the file those will be noted at the far right column.
12. If you are happy with this import preview, click the green submit button in the bottom right-hand corner. You have now successfully entered multiple fee periods into franchise soft.

If you have any questions on the contents of this article, please email helpdesk@franchisesoft.com for additional assistance. 

 

If you would like a DEMO of the software, kindly visit https://franchisesoft.com and request a Demo.