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tinalyn123
Level 1

Franchise Fees

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

Solved
Best answer March 04, 2019

Best Answers
Rustler
Level 15

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

View solution in original post

1 Comment
Rustler
Level 15

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

View solution in original post

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