cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

Franchise Fees

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

Solved
Best answer 03-04-2019

Best Answers
Level 15

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

View solution in original post

1 Comment
Level 15

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

View solution in original post

Need to get in touch?

Contact us