Recurring Entry Definition

Menu Path: None

To use Recurring Entry Definition, select the Save As Recurring Entry check box in Journal Entry or Journal Entry Edit.

Purpose

Enter a recurring journal entry.

Overview

Use Recurring Entry Definition to set up a journal entry as a recurring journal entry. Recurring entries can also be created in Recurring Journal Entry Create.

Entering a Recurring Entry

To enter a recurring entry:

Enter an ID for the entry in the Recurring Entry ID field.
Specify how frequently the recurring entry is generated in the Frequency and Period fields (once a period, twice a year, etc.).
Enter a comment for the recurring entry in the Comment field.
Select how the amount is calculated for the recurring entry.
Enter a description and remark for the recurring entry in the Description and Remark fields.
Select a currency for the recurring entry.
Select whether the recurring entry is only used for tax adjustments, and whether it is automatically posted.
Click the OK button in the ribbon.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the Recurring Entry Definition window without saving the recurring entry information.
OK	Click this button to save the recurring entry.

General Tab Fields and Buttons

Field or Button	Description
Recurring Entry ID	Enter an alphanumeric sequence identifying the recurring entry.
Frequency	Enter the frequency for the recurring entry in the period of time in the Period field.
Period	Click the Lookup button to select a period of time to specify how often the recurring entry is generated (weekly, monthly, yearly, etc.). This works in conjunction with the frequency entered in the Frequency field.
Comment	Enter a brief comment for the recurring entry.
Amount	Select whether the recurring entry uses a fixed or apportioned amount. If you select Fixed, the amount for the journal entry is used every time the recurring entry is generated. If you select Apportioned, you can enter a different amount for each recurring entry, and the amount is apportioned across the credits and debits.
Description	Enter a description for the recurring entry.
Remark	Enter a remark for the recurring entry.
Currency	Click the Lookup button to select the currency for the recurring journal entry.
Tax Only	Select this check box to indicate that the journal entry is solely for tax adjustment purposes.
Automatic Post	Select this check box if you want the recurring entry to post automatically.