AFAR: Franchise Accounting

Lecture on Initial Franchise Fees, Continuing Franchise Fees and Other Income

[momochii]

Good day po sir I love your videos po. MAy i just ask if 7050, 000 po yung Operating income sa 24:10 . Error po ba iyon
sir? Salamat po sa pagsagot

[ashcepuavin]

THANK kaayo sir. makatabang kaayo para sa akoang explanation. God bless. <3

[marinohoneymae]

thank you very much po ;) big help po lalo na sa mga 3rd year students ngayon na accountancy ;)

Request po; Home office and branch accounting po both general and special :) <3 God Bless po

[kuysdelrosero]

Hi can you do a video on how to compute Royalty fee of a restaurant having a service charge industry

[m_o_o_s_h_i]

sir what will happen to the downpayment if there is substantial performance pero refundable?

[melbonesarra]

Sir hello po, ano difference ng Right to Use and Right to Access. Thank you po

[felviedag]

Hi, sir, can you pls help me, how much the franchisse fee ang royalty fee, to pay the frachisor.

[mengemsng]

May I ask po kung ano po yung reference book po yung ginamit mo? Thank you po

[stephenmartin]

Good day po! Super helpful ng mga vids mo! More power.



Question po. Sa 27:21 po ng vid, bakit po crinedit sa 2m yung “cost of franchise revenue”? parang magiging 0 bal po ang account na yun since dinebit siya sa prior entry...?



Ano po logic ng entry na yun (ung “to set up deferred GP from franchise fee”)? Lalo ung naka credit po na cost of franchise revenue na 2m di ko po maintindihan.


Salamat po Sir!

[incentcitive]

Hi po, pas ask naman po ako, kasi nag try po ako magfranchise ng parang shawarma business. and the franchisor asks 40% and mine will be 60% of the total sales, masyado po ba yung mataas yung inaask ni franchisor? parang di na po sya royalty fee para po kasing naging partnership nangyari pero ako po ang nag gastos sa rental and renovation and furnitures. tamo po ba ito? they plan to pay the monthly rental around 15k pero ako po magbabayad ng dalawang tao parang 20k per month then for the electricity and water bills hati po kami. sana po makahelp kayo. ty po

[josephinegarcia]

Salamat po sir💙. Pwede po pa request sa tax po VAT. God Bless you po✨

[FinancialAspect]

Is there any Accounting Standard which deals with franchise/branch Accounting

[wencysantos]

Hello po Sir! May I just ask if, what if po ang nakastate po sa problem is "the franchisee is required to remit 5% of their SALES as continuing franchise fee"? Silent po as to GROSS SALES or NET SALES ang gagamitin, what to choose po between the two Sir?
Thank you po😊

[elviesalac]

Good day sir. Do you also have discussions about the Franchisee's revenue recognition?

[kristinelagasca]

What if ikaw po yung franchisee.. ano po yung treatment niya???