On Schedule 125 of the T2, I inputted an amount for Royalty expenses- Resident (GIFI 9277).
I’m getting a review message: Royalty expenses- Resident (GIFI 9277) are reported in Schedule 125. Consider preparing Schedule 14.
The amount entered in GIFI 9277 represents 5% of the franchisee’s membership fees (revenue) paid to the franchisor.
I have entered the name, address, and royalties paid to the franchisor on Schedule 14 - is there anything else to consider (no T5 slip filed)?