United States United Kingdom Australia Canada India Mexico Singapore South Africa Global
cancel
Turn on suggestions
Showing results for 
Search instead for 
Did you mean: 
Highlighted
tinalyn123
tinalyn123
Not applicable
posted
‎03-03-2019 10:04 AM
last updated ‎March 03, 2019 10:04 AM

Franchise Fees

How do you record initial Franchise Fees and monthly royalty payments in QB Self-Employeed?

Solved
0 Cheers
Cheer
Reply
Best answer 03-04-2019
Solved

Accepted Solutions
Rustler
Rustler
Established Community Backer ***
‎03-04-2019 03:55 AM

Re: Franchise Fees

in QBSE you can not

the initial franchise fee is supposed to be booked as an intangible asset, QBSE does not have a balance sheet nor will it allow you to create one, or any other type of account either

 

You need to move to QBO or a fully functional desktop QB

Reply
1 Comment
Rustler
Rustler
Established Community Backer ***
‎03-04-2019 03:55 AM

Re: Franchise Fees

in QBSE you can not

the initial franchise fee is supposed to be booked as an intangible asset, QBSE does not have a balance sheet nor will it allow you to create one, or any other type of account either

 

You need to move to QBO or a fully functional desktop QB

Reply
Top

Need to get in touch?

Contact us