Use this subsystem to process regular invoices, such as rent or loan payments.

It enables you to set up a liability one time so the system can automatically post it to the payables system for each month that you designate.

It also allows you to set up a cutoff so the monthly payables can stop at a predetermined time.

As with regular Document Entry, all recurring documents must be expensed to the proper General Ledger account number or numbers.

Use the Recurring Document Entry program to create the documents.

The Recurring Document Review program provides you with a way of changing the amount to post each month without affecting the permanent recurring payable. The listing will provide you with options to print out the different types of recurring payables (expired, unexpired, etc.).

Run the Post Recurring Documents program to update any recurring payables, and then run the Document Entry & Adjustments Register. This procedure produces an audit trail of all documents entered and updates the Open Documents file and the Accounts Payable balance.