What services does the Central Processing Services Fee cover for a Ledgers franchise?
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, the Central Processing Services Fee covers certain personal and business tax preparation, bookkeeping, and business planning services that Ledgers offers directly to clients on the franchisee's behalf. These services are facilitated through a joint engagement form. The fee is based on the current rate for the specific service requested and can be up to 40% of the then-current Recommended Fee.
Ledgers offers a centralized support system to enhance efficiency and service quality across its franchise network. The Central Processing Services Fee is paid by the franchisee to Ledgers for any central processing services provided to the franchisee's clients on their behalf.
While Ledgers does not currently mandate the use of their Central Processing Services, they retain the right to require franchisees to utilize these services in the future. Ledgers publishes an annual price list for the services offered, which may vary over time. Each service includes a Recommended Fee for the franchisee to charge clients and the Central Processing Services Fee, which is the fee Ledgers charges for providing the services.