Will Canine Dimensions provide individual invoices for transactions?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5.5.5 Franchisee acknowledges that the electronic receipts generated from the ACH transactions listed herein are the only documents that will be generated for the transactions made under this Agreement and that they will not be accompanied by individual invoices from Franchisor. Franchisee agrees that such receipts are sufficient documentation of transactions, and that payments made by the Franchisee to Franchisor under this Agreement will not require Franchisor to generate an IRS form 1099.
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, franchisees will not receive individual invoices for transactions made under the Franchise Agreement. Instead, the electronic receipts generated from ACH transactions will serve as sufficient documentation.
This means that franchisees should rely on these electronic receipts for record-keeping and accounting purposes related to payments made to Canine Dimensions. Franchisees must accept these receipts as adequate proof of payment and should not expect to receive separate invoices for royalty fees, advertising fees, or other payments.
Furthermore, Canine Dimensions will not generate IRS form 1099 for payments made by the franchisee to Canine Dimensions under the agreement. Franchisees should consult with their own tax advisors to determine how to properly account for these payments for tax purposes, given the absence of a 1099 form.