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.
- 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.