Franchise Accounting Software
Accounting for franchises
Reporting for multiple franchises requires a system built to handle consolidation. If your accounting software isn’t built to handle multiple entities, it could be holding you back from getting the information you need.
SoftLedger enables you to allocate fees to various franchises and provide granular user permissions, by entity and specific job function. However your franchise revenues are structured, we allow you to automate reporting for your franchises and collection of fees.
Consolidate your franchise reporting
With franchise accounting in SoftLedger's, your reporting is real-time. As your franchisees conduct business and record their transactions, the related journal entries instantly roll into your financials. Further, with our inter-company elimination tool, your inter-company eliminations are automatically calculated and recorded in a special-purpose entity. SoftLedger is a modern, full-featured accounting system that built to scale with your franchise business.