What are the 'Operating Standards' that All County uses to administer the Reconciliation Assistance Program?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
ication Assignment is attached has expired.
Franchisee: Dated: As Individuals:
APPENDIX E
TO THE FRANCHISE AGREEMENT BETWEEN All County Property Management Franchise Corp. AND DATED ______________, 20___
RECONCILIATION ASSISTANCE PROGRAM.
The undersigned Franchisee hereby acknowledges and agrees that under the terms of the Franchise Agreement, All County Property Management Franchise Corp. ("All County") requires Franchisee to participate in All County's mandatory Reconciliation Assistance Program (the "Program"). The Program shall be administered by All County in compliance with All County's designated Operating Standards concerning the Program.
Franchisee acknowledges and agrees that during the Term of the Franchise Agreement, Franchisee must pay All County designated fees (each a "Reconciliation Assistance Program Fee") for Franchisee's participation in the Reconciliation Assistance Program.
Franchisee hereby acknowledges and agrees that in administering the Program, All County will perform reconciliations of Franchisee's designated account(s) in compliance with All County's Operating Standards concerning the Program. Franchisee hereby acknowledges and agrees that if Franchisee uses a debit card instead of a credit card to pay business expenses or has not entered required information or has not entered required information correctly into any accounting software or system specified by All County, in its sole business judgment, then Franchisee shall pay All County an additional amount (the "Hourly Fee") to rectify any such issues or otherwise to perform other services on behalf of Franchise as may be necessary to fulfill the requirements of Franchisee's participation in the Program. Franchisee hereby acknowledges and agrees that periodically during the Term of the Franchise Agreement, All County may reasonably increase reasonably the Hourly Fee and Reconciliation Assistance Program Fees upon prior written notice to Franchisee.
Franchisee hereby acknowledges and agrees that under the Operating Standards concerning the Program, All County has the right, but not the obligation, on Franchisee's behalf to enter any applicable data relating to the Franchised Business into any software or system specified by All County under the Operating Standards of the Program. Franchisee acknowledges and agrees that All County shall not provide Franchisee with any advice or otherwise consult in any manner with Franchisee regarding any federal, state or local tax issue or amounts due to any taxing authority. Franchisee shall be solely responsible to bear the cost of and to ensure compliance with all laws and regulations relating to the recordkeeping of all its property management accounts.
Franchisee hereby acknowledges and agrees that All County shall have full access to and administrator rights in any software or system specified by All County under the Operating Standards of the Program. Franchisee agrees that All County may use any of the data of Franchisee for any business purposes, in its sole business judgment, including but not limited to calculating Royalties, determining and analyzing the financial condition of the Franchised Business, and creating financial performance representations for the All County Franchise Disclosure Document.
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, franchisees are required to participate in All County's Reconciliation Assistance Program, which All County administers according to its designated Operating Standards.
The FDD states that All County will perform reconciliations of the franchisee's designated accounts in compliance with All County's Operating Standards concerning the Program. If a franchisee uses a debit card instead of a credit card for business expenses, or does not correctly enter required information into All County's specified accounting software, the franchisee will pay All County an additional Hourly Fee to rectify these issues or perform other necessary services. All County may periodically increase the Hourly Fee and Reconciliation Assistance Program Fees with prior written notice to the franchisee.
Under the Operating Standards, All County has the right, but not the obligation, to enter applicable data relating to the franchised business into any software or system specified by All County. However, All County will not provide any tax advice to the franchisee. The franchisee is solely responsible for complying with all laws and regulations relating to the recordkeeping of all property management accounts.
All County has full access to and administrator rights in any software or system specified by All County under the Operating Standards of the Program. All County may use any of the franchisee's data for any business purposes, including calculating royalties, analyzing the financial condition of the franchised business, and creating financial performance representations for the All County Franchise Disclosure Document.