Accounting software for franchise operators
Franchise accounting software has to give every location its own books and still let the operator see the group. Adopt keeps each entity’s books and monthly close current, and your team approves every entry.
How franchise operators handle this today.
An entity per location. Each unit has its own bank account and its own month end.
The same work, many times. Every reconciliation repeats for every location.
Fees to the franchisor. Royalties and marketing fees leave each unit on a schedule.
Growth adds units. Each new location adds another set of books.
Franchise accounting, location by location
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. Adopt starts from your opening balances.
Deposits and costs coded, with reasons
Sales deposits, royalties, rent, supplies and labor costs each get a suggested account and the reason behind it.
Review and approve
Approve in bulk or one at a time. Nothing posts until you do.
Close and report
Reconciliations and month-end statements are prepared for you to sign off.
What changes for franchise operators
Multi-entity from day one
Add a location as its own entity, with its own books.
One location or all of them
Review a single unit or the whole group from one place.
The same checks everywhere
Every location is reconciled to the cent, the same way.
FAQs
It keeps separate books for each location: deposits and costs recorded, accounts reconciled and statements produced for every unit. Adopt prepares that work and your team approves it.
Yes. Each new location is added as its own entity. You do not need to set them all up at once.
Your team does. Adopt prepares categories, matches and journal entries and shows the reason for each one. Nothing posts until someone on your team approves it.
No. Adopt works on its own. A business without any accounting system can start on Adopt and keep its books there.
More software for franchise operators
Accounting software for other industries
Every location, closed each month.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
