Transactions entered in the following journals can be saved as Recurring entries:
•Customer Invoices
•Sales Journal
•Item Purchases
•Payables Journal
•Disbursements Journal
•Receipts Journal
•General Journal
You can define any transaction as Recurring, with a frequency ranging from none to annually. MultiLedger can alert you when Recurring entries defined as weekly, bi-weekly, monthly, quarterly, semi-annually, or annually come due. Some excellent uses for recurring entries include rent, 941 payments, and bank charges.
- Click the desired transaction journal in the Command Center.
2. Check the Recurring check box.
3. Enter the transaction as you normally would, then click Save.
4. Select the Frequency and, if necessary, modify the Scheduled Date.The Schedule Date indicates when the next entry should be created and changes depending on the frequency you select.
5. Click OK.
A transaction is created and is also saved to Recur based on the Frequency you selected. Click Cancel to return to the transaction window without saving the recurring information.