The videos below explain what a franchisee should expect in their monthly reporting from the Towne Post Network. All receivables, payables, and shared costs are collected and paid by Towne Post throughout the month with a monthly reconciliation conducted for each territory. This reconciliation is called our Monthly Reporting, which comes with several detailed reports and a deposit to your bank account via ACH. Below is a listing of Reporting Dates by Territory each month:

Reporting Dates

15th of the month

• Avon
• Center Grove
• Jeffersontown
• Noblesville
• The Lakes West

16th of the month

• Fishers
• Geist
• Kokomo
• Muncie
• North Indy

17th of the month

• Carmel
• Middletown
• Plainfield
• The Lakes East
• Westfield

18th of the month

• Boone County
• Brownsburg
• Franklin
• Hancock County
• St. Matthews

Profit & Loss Statement

This is updated monthly and shows how each of your territories is doing financially, showing you your Net Profit per month.

https://www.loom.com/share/d03c1abe40c94b9cb2907cdff167c5ad?sid=7183ff46-a442-4ae1-905a-c73c4f1de5dd

Franchise Invoice Detail

https://www.loom.com/share/68ad9d02222644c5926743f4e604bdc4?sid=ca9ad797-7c53-4c4b-b4b9-77a67acd889d

Commission Spreadsheet

When other franchisees sell into your territory, they are paid a 15% commission. This spreadsheet details who was paid and for which advertisement. Commissions are paid monthly upon invoicing, not when paid.

https://www.loom.com/share/33d1c872fdc14185a45ae0cbfd881cf9?sid=c8b6cbc9-7d67-4f4b-918f-3c19927de697

Credit Card Processing Fees Spreadsheet

Any payments for advertisements in your magazines that are charged to a credit card are charged a 3% fee by Towne Post to cover the processing fees. ACH payments do not incur any additional fees.

https://www.loom.com/share/ba118d61dff6491cbb01e0a1c7c58265?sid=4b99b7df-cb1f-4932-84c0-bfcbaec3deca

Editorial Payments Report

Writers and photographers are paid by Towne Post as well, and your share of those editorial fees is detailed out in your Editorial Payments Report. If a story is shared amongst multiple publications, each magazine pays their equal share of the total cost. This applies to stories that have in previous months as well.

https://www.loom.com/share/fa5f0d2c5d884629b5bb975299ab9a6a?sid=563060d0-54d5-448c-ad79-901084208e67

Payment Transfer Detail Report

Franchisees are paid on receipt of payments for that particular issue. This report details all the payments made for the current and any previous issues.

<aside> 💡 Any prepayments are paid out monthly, not in advance.

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