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Franchise Fees Income

by Online Tutorial & Training Guide | Dec 11, 2025 | Chart of Accounts, Income, Terminologies

Revenue earned by granting franchise rights. May include upfront fees and ongoing royalties. A key revenue account for franchisors.

  • Franchise Fees Income
  • Salaries Payable
  • Lease Obligations
  • Depreciation
  • Owner’s Salary (Informal)
  • Miscellaneous Expense
  • Audit Log
  • Matching Principle
  • Prepaid Expenses
  • Legal Expense

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