Recurring Entries

If you make or receive payments on a regular basis, set up these transactions as recurring entries to save time. You can choose the frequency and amount of the receipt or payment, and if necessary, the date of the final posting.

When you create a recurring entry, it uses the same posting details as the original transaction. Before you can add a recurring entry, you must use the option other payment to enter the first payment.

To set up a recurring payment

  • 1. Go to Banking.
  • 2. Select click the bank account used for the original payment.
  • 3. Click the transaction you want to repeat.

The type must show Other Payment for the payment type.

  • 4. Click Make Recurring.
  • 5. Complete the following information in the Make Recurring window and click Save:
Recurs every Enter how often you want to the transaction to recur and then choose to repeat in a number of days, weeks, or months. For example, to repeat a payment every ten days, in the Recurs every box, enter 10. Then choose Days from the second box.
Recur Until If required, enter the date of the final payment.
  • 6. Click Save.

The transaction automatically posts on the recurring date. From the bank activity, you can identify the most recent recurring payment by the recurring symbol . If you’ve entered a recurring entry with a date in the past, you may need to refresh your browser to view transactions up to the current date.

To set up a recurring receipt

Before you can add a recurring entry, you must use the option other receipt to enter the first receipt.

  • 1. Go to Banking.
  • 2. Click the bank account used for the original receipt.
  • 3. Click the relevant transaction.

The type shows as Other Receipt.

  • 4. Click Make Recurring and complete the following information:
Recurs every Enter how often you want to the transaction to recur > choose to repeat in a number of days, weeks, or months.
For example, to repeat a receipt every month, in the Recurs every box enter 1, then from the second box choose Months.
Recur Until If required, enter the date of the final receipt.
  • 5. Click Save.

The transaction automatically posts on the recurring date. From the bank activity, you can identify the most recent recurring receipt by the recurring symbol .

To edit or stop a recurring transaction

If you need to change a recurring entry, you must edit the most recent recurring transaction.

  • 1. Go to Banking.
  • 2. Click the bank account used for the transaction.
  • 3. Click the relevant transaction.

You can identify the most recent recurring transaction by the recurring symbol .

  • 4. Click Edit Recurring.
  • 5. Do one of the following:
  • To edit a recurring transaction, change the information and click Save.
  • To stop a recurring transaction, click Stop recurrence.

If you edit the recurring entry, the next time it posts, it uses the new settings. From the bank activity, you can view the most recent transaction.