factual

What are the Reconciliation Assistance Program Fees used for by All County?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

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 must pay designated Reconciliation Assistance Program Fees for participating in the Reconciliation Assistance Program. 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 to pay business expenses, or does not correctly enter required information into any accounting software or system specified by All County, the franchisee will pay All County an Hourly Fee to rectify such issues or perform other necessary services to fulfill the requirements of the Program. All County may periodically increase the Hourly Fee and Reconciliation Assistance Program Fees upon prior written notice to the franchisee.

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 under the Operating Standards of the Program. All County will not provide franchisees with any advice or consultation regarding any federal, state or local tax issue or amounts due to any taxing authority. Franchisees are solely responsible for the cost of and compliance with all laws and regulations relating to the recordkeeping of all their property management accounts.

All County will have 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, determining and analyzing the financial condition of the Franchised Business, and creating financial performance representations for the All County Franchise Disclosure Document.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.