Add a Recurring Journal Entry

A recurring journal entry is made regularly to the same accounts and uses the same amounts or percentages. You can set up a recurring journal entry so that the program automatically creates the entry every time the entry occurs.
  1. On the Transactions tab, click Journal Entries > Set Up Recurring Journal Entries.
  2. At the top, click Add RJE.
  3. Enter a name for the recurring journal entry.
  4. Select whether to ask for amount each time or to use the same amount each time.
  5. Select a recurring type.
    • Unlimited Number of Times—Select if you want the journal entry to recur an unlimited number of times.
    • Number of Times—Select if you want the journal entry to recur a certain number of times. Enter the maximum number of times, and as entries are entered, the Remaining # of Times field updates.
    • Total Amount—Select if you want the journal entry to recur until a certain amount is reached. Enter the maximum, and as entries are entered, the Remaining Total Amount field updates.
  6. In the Distribution grid, enter how you want to distribute this recurring journal entry.
    Note: You must enter at least one debit and one credit amount in the grid. The total amount of debits must equal the total amount of credits.
  7. At the top, click Save.