Recurring transactions
Recurring Transactions are for items such as council tax. These are similar to transactions but contain
a posting frequency , monthly, quarterly etc.
To enter a Recurring Transaction select "Add New"
NOTE: A recurring transaction is a base transaction from which actual transactions are created. Financial transactions
are only created once an instalment of this transaction is posted.
Create a Recurring Transaction
Complete the Recurring Transaction Detail form
Post Recurring Transactions
Select either the warning message "There are Recurring Transactions due for Posting"
on the top of the screen or select "Post Transactions" button on the bottom of the screen.
A new screen will appear. This lists the recurring transactions that are due but have not been created yet.
Select transaction due date (will default to todays date)
Select the transaction(s) you wish to create and then select "post". This button is highlighted as soon as you
select a transaction.
Unapproved transaction(s) are then created for each record selected on the list.
NOTE: Once a transaction has been created from this screen it is similar to all other transaction in that
it is amended or voided via the financial transaction screen.
Deleting a Recurring Transaction
Recurring transaction can be deleted at any time.
Highlight the record, then select "delete".
Then "OK" in the warning message
NOTE: This deletes the base record only. Any financial transactions created from this record will remain
as financial transactions.
Deleting a Recurring Transaction Instalment
Select the instalment(s) that you wish to delete then select "Delete"
This "OK" in the warning message box.
NOTE: This only deletes the selected instalment(s) all other instalments will remain.