Create a Recurring Journal Entry

Create a recurring journal entry to generate accounting transactions for recurring journal entries from a template. After you generate a journal entry from a template, you can modify it as needed.

This is a convenient feature for journal entries that come at regular intervals and are charged to the same general ledger account. Typical situations for recurring journal entries include depreciation, interest expenses, and bank transfers.
  1. Optional: If you haven't already done so, set up a template for a recurring journal entry.
  2. Generate a journal entry from a recurring journal entry template and assign it to a posting group.
  3. Optional: Modify the details of the journal entry or assign it to a different posting group.
  4. Optional: Review the journal entries in the posting group.
  5. Optional: Modify the details of the journal entry or assign it to a different posting group.
  6. Post the journal entries in the posting group.
Note: Once you post a journal entry, you can no longer modify it. If you need to make any changes after posting, use the Adjust Vendor Invoice screen.
After you create a recurring journal entry, you may want to: