Recurring

Recurring Transactions lets you set up a template that repeats on a schedule — so regular items are created for you instead of being entered by hand each period. A template can generate an invoice, a bill, an expense, a journal entry, or a transfer.

Good candidates

• Recurring rent or management-fee invoices.
• Regular bills and expenses.
• Monthly depreciation, accruals and other repeating ledger entries.

Set up a recurring transaction

1. Go to Accounting → Recurring Transactions and click New.
2. Give the template a name and choose its transaction type.
3. Define the content — for a journal entry, the accounts and amounts must balance just like a journal entry.
4. Set the frequency (Weekly, Monthly, Yearly or Custom) and an interval, the start date, and an end condition (never, on a date, or after a number of occurrences).
5. Choose how it runs: Create Automatically, Remind Me, or keep it a template only.
6. Save.

Manage recurring transactions

From the list you can pause and resume a template, skip the next occurrence, or run it now on demand — as well as edit or delete it as your needs change.

Related

• Journal Entries
• Fixed Assets