Use the Recurring Documents menu to process regular invoices, such as rent or loan payments.

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

You can also 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.

These programs are available on the Recurring Documents menu.

Recurring Document Entry, which is used to create the documents.

Recurring Document Review, which is used to change the amount to post each month without affecting the permanent recurring payable. There are options to print out the different types of recurring payables (expired, unexpired, etc.).

Post Recurring Documents, which is used 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.