Minimum Version Required: 22.01
Steps
How to Add Recurring Transactions
1. Using Universal Search, navigate to the General Ledger dashboard.
a. Also access the General Ledger in the Side Bar Menu, expand Accounting then select General Ledger from the drop down.
2. Under "Processes", Click Journal Entries.
3. Click the Recurring Transactions tile in the top section.
4. Click Add Recurring Transactions.
5. Enter values to all required and applicable optional fields displayed in the "Add Recurring Transactions" form.
6. Click the Add Record button when complete.
Once the Transactions are created they are ready to be updated and adjusted as needed.
Fields And Definitions
*Recurring Trans - Name of the recurring transaction.
*Recurring Trans Type - Determines if the transaction will be a Purchase or Journal Entry.
End Date - Last date recurring transactions will take place (This can be left null and will continue until updated with the end date or deleted).
*Frequency - How often the record will be created.
*Days in Advance - How many days ahead the record will be created.
Best Practices
Create one Recurring Transaction per Purchase as the system will look to the most recently posted Purchase as the basis for creating the new one