Recurring transactions allows past transactions to be duplicated on a schedule. They are created by copying entries previously posted in Accounts Payable, Accounts Receivable or Ledger Journal Entries.
When there are Recurring GL Transactions defined and they are due to be posted, these are displayed in a list grouped by charge and sorted by due date.
View – Show the recurring charge setup configuration, to quickly access and change settings if necessary.
Edit – Open a GL Transaction window and allow making limited changes before posting. Amounts cannot be changed for AR and AP recurrences because the control account is not editable. Any changes made will be used for future recurrences.
Post – Generate a GL Transaction exactly like the previous posted transaction.