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How to create a Recurring Journal
Recurring journals are used to streamline and automate frequent or regular financial transactions.
Steps:
- Create a Journal as usual.
- Click Recurring on the top of the page.
- The Recurring Journals screen will appear.
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Select or Enter the RECURRENCE DATE.
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You can also Add Selected Number of Months to create a recurring journal for a specific number of months.
- Select GO.
- Enter or Select the First Date for the recurring Journal.
- Click OK.
- Click SAVE.
- Click CREATE JOURNALS to allocate the journal numbers.
- Click the RECURRING JOURNAL NUMBER.
- Check the box next to the Journal No.
- Click POST.