Common use of Maintenance of Accounting Records Clause in Contracts

Maintenance of Accounting Records. 6.3.1 Franchisee shall maintain accounting records in accordance with generally accepted standards and principles of accounting. In its accounting records, Franchisee shall discreetly maintain and clearly identify all items of revenue pertaining to County's franchised operations. Revenue information for County shall be segregated from other geographical areas served by Franchisee. Revenue information for County, in addition, shall be segregated from other business activities of Franchisee. Separate detailed records shall be maintained by Franchisee with respect to all transactions with affiliated entities that affect the Revenue of Franchisee in providing the franchise collection services.