Setting up recurring transactions

You can create a recurring transaction in a transaction window, or copy an existing recurring transaction to create a new one. Later on, you can change details of a recurring transaction, or delete one if it is no longer used

tip : Publish recurring transactions to iCal

If you use iCal to plan your day-to-day activities, you can publish recurring reminders to iCal. For more information, see Publishing to iCal.

To create a recurring transaction

When you save a transaction as recurring, you can specify how often you want the transaction to be recorded, and for how long you want to schedule it. For example, you can schedule your car payments monthly, for the next 22 months.

1	Enter the transaction details in a transaction window—such as the Sales window if you make regular sales to a customer.

2	Click Save as Recurring (instead of clicking Record). The Edit Recurring Schedule window appears.

3	In the Recurring Transaction Name field, type a name to identify the transaction.

Schedule the transaction

4	Select the transaction frequency from the Frequency list.

5	In the Starting on field, type the date the transaction is first due.

note : Pre-dated recurring transactions

You can save a recurring transaction with a start date prior to the system date, provided the date entered is within the current financial year and is not in a locked period.

6	Indicate how long you want the recurring transaction to continue. Click:

n	Continue indefinitely to schedule the transaction for an unlimited period.

n	Continue until this date to schedule the transaction until a set date. Type the date in the adjacent field.

n	Perform this No. of times to schedule the transaction for a set number of times. Type the number of times in the adjacent field.

Choose alert options

In the Alerts section of the window, you can set a reminder to record the transaction or set it to automatically record the transaction and receive a notification when the transaction is recorded.

Note that if you entered a pre-dated recurring transaction and you set a reminder date, the transaction will display as overdue on the To Do List. Pre-dated recurring transactions cannot be set to record automatically.

7	If you want to set a reminder:

a	Click Remind.

b	Select a reminder option from the to record this transaction list.

c	If you selected No.days in advance, enter the number of days in the adjacent field.

d	Select the user to be reminded from the adjacent list.

e	Continue with step 9 below.

8	If you a recurring transaction to record automatically:

a	Click Automatically record this transaction when due and notify.

b	Select the user who needs to be notified from the adjacent list.

c	If you want to publish a reminder in iCal, select the Publish in iCal option.

Specify the transaction identification number

9	In the Transaction section of the window, specify how you want the transaction ID number to be created:

n	If you want the transaction ID number to be one greater than the previous transaction ID, click Use the next sequential number as the [...] No.

n	If you want to enter a transaction ID, click Use the following as the [...] No., then type the transaction ID in the adjacent field.

10	If you want to save your changes to the recurring transaction each time it is recorded, select the Save my changes when I record this recurring transaction option.

11	Click Save. The transaction window reappears.

12	Click Cancel to close the transaction window.

The new recurring transaction will now appear in the Recurring Transactions List window.

To create a recurring transaction from an existing entry

You can create a recurring transaction by copying an existing recurring transaction entry, then customising the details for the new one.

1	Go to the Lists menu and choose Recurring Transactions. The Recurring Transactions List window appears.

2	Select the recurring transaction you want to copy and click Create Copy. The Create Copy window appears.

3	In the Card field, click the search icon ().

The Select from List window appears listing only card types relevant to the type of recurring transaction you are copying. For example, a purchase transaction can only be applied to your supplier cards.

4	Select the card you want to create a copy for:

n	If you want to select all the cards listed, click the select icon ()

n	If you only want to select some cards, click in the select column next to each card required.

5	Click OK when you’ve finished selecting from the list. The Create Copy window reappears.

6	Click Save.

If you selected...

then...

One card in the Select from List window

•	The transaction window for the new recurring transaction appears.

•	You can edit the transaction details if required.

•	Click Save. The Recurring Transactions List window appears.

More than one card in the Select from List window

•	The Recurring Transactions List window lists all your recurring transactions. Each new transaction has a unique name—the original name suffixed by the name of the relevant card.

•	To change transaction details for a new transaction, select it and click Edit. Make the changes in the transaction window and click Save. The Recurring Transactions List window appears.

7	If you need to change the schedule details (including the name) of a new recurring transaction:

a	Select the recurring transaction.

b	Click Edit Schedule.

c	Make the changes in the Edit Recurring Schedule window.

d	Click Save.

8	Click Close.

To edit a recurring transaction

You can edit the details of a recurring transaction (such as the cheque details of a Spend Money transaction) and update the transaction schedule.

1	Go to the Lists menu and choose Recurring Transactions. The Recurring Transactions List window appears.

2	To change the recurring transaction details:

a	Select the recurring transaction you want to change and click Edit. The transaction window appears.

b	Make the necessary changes.

c	Click Save.

3	To change the schedule of the recurring transaction:

a	Select the recurring transaction and click Edit Schedule. The Edit Recurring Schedule window appears.

b	Change the scheduling details of the transaction as required.

c	Click Save.

4	Click Close.

To delete a recurring transaction

Deleting a recurring transaction only removes it from your list of recurring transactions. Recurring transactions recorded previously are not affected.

1	Go to the Lists menu and choose Recurring Transactions. The Recurring Transactions List window appears.

2	Select the recurring transaction you want to delete and click Delete. A message appears.

3	Click OK to delete the recurring transaction.