What is Ledgers' Central Processing Services?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
See Schedule 2 to the Franchise Agreement.
Note 3: Ledgers' Central Processing Services is a centralized support system offered by us to enhance efficiency and service quality across the franchise network. Through this program, we offer to provide certain personal and business tax preparation, bookkeeping, and business planning services directly to clients on your behalf utilizing a joint engagement form. We publish an annual price list for the then-current services offered by us, which may vary from time to time. Each service offered by us includes a recommended fee for you to charge your clients (the "Recommended Fee") and includes the fee we charge for the services (the "Central Processing Services Fee"). We do not currently require you to utilize our Central Processing Services, but we reserve the right to do so.
Source: Item 6 — OTHER FEES (FDD pages 17–20)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, Central Processing Services is a centralized support system offered by Ledgers to enhance efficiency and service quality across its franchise network. Through this program, Ledgers offers to provide certain personal and business tax preparation, bookkeeping, and business planning services directly to clients on the franchisee's behalf, utilizing a joint engagement form.
Ledgers publishes an annual price list for the services offered, which may vary. Each service includes a recommended fee for the franchisee to charge clients (the "Recommended Fee") and the fee Ledgers charges for providing the services (the "Central Processing Services Fee"). The Central Processing Services Fee can be up to 40% of the then-current Recommended Fee.
While Ledgers does not currently require franchisees to utilize the Central Processing Services, it reserves the right to mandate its use in the future. Franchisees agree to pay Ledgers the Central Processing Services Fee for any services Ledgers provides to their clients on their behalf. This fee is incurred as services are requested.