Franchisees
Greywood CPA handles accounting and tax for franchisees, from single units to multi-unit operators. We close the books monthly, reconcile point-of-sale and delivery-app deposits, keep royalty and fund reports accurate, and deliver a P&L for every unit. We work at a fixed monthly fee.
Your franchise agreement usually requires periodic sales reports and annual financial statements in a set format, and your lender may want statements too. We build your books so both come straight out of the monthly close.
Last reviewed: November 2026
| Report | Who uses it |
|---|---|
| Weekly or monthly sales reports | Franchisor, for royalty calculation |
| Annual financial statements in the franchisor's format | Franchisor |
| Unit-level P&L and prime cost | You, to manage each location |
| Annual CPA-prepared statements and covenant support | Your lender |
Operators with several units often hold each in its own entity. We keep each set of books separate, consolidate them for you and your lender, and track intercompany loans and shared costs like management and payroll.
Many franchisees finance new units with SBA loans. See financial statements for SBA loans for what lenders ask for.
Your units, entities, systems and franchisor reporting requirements.
Monthly scope and fee.
Chart of accounts by unit, reconciliations and reporting templates.
Unit P&Ls and franchisor reports on schedule.
Usually because of card processing fees, delivery app commissions, refunds, tips and timing. A daily reconciliation explains each difference.
Yes, in the format your franchise agreement specifies, prepared from the same monthly books.
Many multi-unit operators use a separate entity per unit for liability and financing. We keep the books separate and consolidate them for reporting.
Restaurant employers may be eligible for a federal credit for a portion of Social Security and Medicare taxes paid on employee tips. We check eligibility each year.
A fixed monthly fee based on the number of units, entities and reports required.
Tell us about your locations. A senior CPA will send a fixed-fee proposal within 1–3 business days.