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Recurring Invoices

  • When a supplier bills you an identical amount each month (e.g. internet service provider) or when you pay monthly for a subscription, you can specify a recurring billing/payment.
  • The invoices/payments will then be created automatically every month.
  • This will save you from having to manually enter all the invoices/payments one by one.
  • To add an invoice or a recurring payment, click on the + Recurring invoice button.
Description Description of the invoice / recurring payment
Amount Amount of the invoice / recurring payment
Expense account Name of the accounting category in which the invoice / recurring payment will be recorded
Payment method Payment method when it is a payment
Bank account Bank account used when it is a payment
Billing day Billing day when it is a recurring invoice
Payment day Payment day when it is a recurring payment
Closing date End date of the recurrence. If you leave the field blank, the transaction will repeat endlessly.