What accounting software is Crab N Spice required to use?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
Point of Sale and Computer Systems
We require you to buy (or lease) and use a point-of-sale system and computer system as follows:
Clover POS
Two Terminals for POS
QuickBooks
Email Addresses
In addition to the POS System, you must have a basic computer/laptop to use exclusively in connection with your Computer System that must have: (i) the ability to access high-speed Internet (wirelessly) twenty-four (24) hours a day; (ii) Windows XP, Vista or newer Windows operating system software installed, along with a Microsoft Office software suite containing Word and Excel; and (iii) the ability to run the accounting/bookkeeping software we designate (if any). The principal functions of the Computer System will be for bookkeeping, creating invoices, preparing materials, and for other general use in connection with the Franchised Business. We do not currently have any minimum requirements regarding the RAM storage that your computer / laptop must have, so long as the hardware you are using can perform the tasks outlined in this Item and the Manuals. You will also need a basic printer to use in connection with your backoffice computer/laptop. The computer/laptop you use in connection with the Franchised Business may not be used for any other business purpose. We may modify our System standards and specifications for our Computer System, and may otherwise require you to use any Required Software we designate.
If you already have computer hardware and/or software that meets our then-current standards for your back of office computer, then you may use these items in connection with your Franchised Business provided you obtain our approval.
The system will include the appropriate hardware and software to run a thriving business. Including the above POS and printers specifically required. These systems will generate or store
data such as sales data, customer information, sales trends and charts, labor data, inventory and financial reports.
We estimate that these systems will cost between $1,500 and $3,000 to purchase.
We are not obligated to provide any ongoing maintenance, repairs, upgrades, or updates. We do not require you enter into any such contract with a third party.
You must upgrade or update any system when we determine. There is no contractual limit on the frequency or cost of this obligation.
We estimate that the annual cost of any optional or required maintenance, updating, upgrading, or support contracts will be $100 to $200 per month depending on the level of support you need for your business. Email addresses will be $20 per month per email address.
You must give us independent access to the information that will be generated or stored in these systems. The information that we may access will include sales, customer data, and reports.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 20–27)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, franchisees are required to use QuickBooks for their accounting needs. In addition to QuickBooks, franchisees must also use Clover POS and have email addresses.
The FDD specifies that franchisees need a basic computer or laptop with the ability to access high-speed internet, Windows operating system software, and Microsoft Office software suite containing Word and Excel. This computer system will be used for bookkeeping, creating invoices, preparing materials, and other general tasks related to the franchised business. The estimated cost for these systems ranges from $1,500 to $3,000.
Crab N Spice may modify the system standards and specifications for the computer system and require franchisees to use designated software. Franchisees must also upgrade or update any system when Crab N Spice determines it is necessary. Franchisees are required to give Crab N Spice independent access to the information generated or stored in these systems, including sales, customer data, and reports. The FDD states there is no contractual limitation on Crab N Spice's right to access this information.