The calculation of the "Franking Credit" via LodgeiT "Tools" is also base if the Small Business Entity (SBE) is activated or not.
Illustration below shows that it has a paid dividend of $70,000.
Illustration A. The "SBE" has been activated
Illustration B. The "SBE" is not activated
Note: If you have applied the dividend via "Tools", you need to remove, Tick the SBE via "Settings". And then, re-apply the Dividend again.