Accounting Ideas

posting reoccurring expenses

the expense could be added once with a monthly/annual selection and payments recorded at the time of the payment.

Example -auto insurance payments or other reoccurring charges

  • Guest
  • Apr 28 2020
  • One For The Future
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    Joanne Lisle commented
    1 May, 2020 07:58am

    Recurring expenses can be recorded in Accounting - you need to record the first expense (using Other Payment), then edit the payment and you will see the option to 'Make Recurring'. You will then be able to set up the recurrence for the entry, for example, to recur every month, and an end date. The entry will then be created automatically each month.