Overview
The Recurring Payable functionality allows you to mass create Payables (Vendor Invoices) that recur on a monthly, quarterly, semi-annual or annual basis.
You can create a single Recurring Payable, often used for the initial vendor invoice received, and Recurring Payables in batches.
Steps: Create a Single Payable from a Single Recurring Payable Template
- Select a Recurring Payable template to use to create a Payable.
- Once in the single Recurring Payable, click the Create Payable button.
- An intermediate screen opens for previewing the Payable.
- If satisfied, click Create or Create & Post.
Steps to Create a Recurring Payable from the List View
- To do this, navigate to the Recurring Payables List View.
- On the appropriate List View, check the box next to each Recurring Payable that should be used to create Payable.
NOTE: In the List View, Accounting Seed supports batch creation of up to 200 Payables from Recurring Payable templates. - After selecting all the Recurring Payables desired (indicated by the checked boxes), click the Create Payable button.
- An intermediate screen opens for previewing all the Payables about to be created.
- If satisfied, click Create or Create & Post to create these records.
