This video discusses setting up franchise reporting and management within a business. Here's a summary:
Franchise settings are accessible under business settings, where you can manage franchise details like addresses, contact information, and banking.
Corporate sets up various fees such as royalty fees and marketing fees, specifying amounts and percentages to be distributed on chosen dates.
Franchise fee settings include options for different fee types (e.g., Equipment, Marketing) with choices between percentage or flat fees, default amounts, and frequencies (currently monthly).
Reports for franchise fees provide summaries grouped by month and can be viewed at different levels of granularity, including by location or franchisee group.
Detailed reports show total sales, refunds, net sales, and calculated fees, with options to export data and manually process fees for individual locations.
Processing fees initiates transfers to the corporate bank account, with notifications sent to both corporate and franchisees.
Overall, the video offers a comprehensive guide on how to set up and manage franchise reporting, including fee structures and processing.