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How to Create a Recurring Journal Entry
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How to Create the Recurring Transaction
Scheduled Recurring Transaction
Unscheduled Recurring Transaction
Reminder Recurring Transaction
Create the Journal Entry
How to Use an Unscheduled Recurring Journal Entry
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Navigate to Brokerage Engine.
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Click "Accounting"
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Click "Settings"
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Click "Recurring Transactions"
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How to Create the Recurring Transaction
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Click "New Recurring Transaction"
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Select the Transaction Type from the dropdown menu.
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Click "Journal Entry"
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Click "OK"
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Create a name by typing in the "Template Name" field.
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Select the Interval by making a selection from the dropdown menu.
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Select the day or date and the interval of the recurrence.
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Scheduled Recurring Transaction
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Make a selection from the "Type" dropdown menu.
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Click "Scheduled"
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Select how many days in advance should the scheduled recurring transaction be created.
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Select the "Start Date" by clicking a date on the small calendar icon.
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Select "After" from the End dropdown menu to set the number of occurrences. Type a number in the occurrences text field.
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If an end date is desired, click "By" from the dropdown menu. If an end date is not desired, select "None".
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Select an end date by clicking on the small calendar icon.
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Unscheduled Recurring Transaction
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Click "Unscheduled"
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Unscheduled transactions don’t have timetables; you use them as needed from the Recurring Transactions list.
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Reminder Recurring Transaction
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Click "Reminder"
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Click "Remind days before the transaction date" to set the timeframe of the reminder.
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Create the Journal Entry
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Select an Account from the dropdown menu.
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Write the debit amount in the text field.
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Click this text field to add a description.
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If desired, select the name of a Vendor from the dropdown menu.
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Select a class from the dropdown menu.
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Select an Account from the dropdown menu.
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Write the credit amount in the text field.
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Once the rest of the Journal Entry has been created, click "Save"
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Click "OK"
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The Recurring Journal Entry has been created.
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How to Use an Unscheduled Recurring Journal Entry
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From the Recurring Transactions Menu, click on the Action button.
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Click "Use"
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Click "Save"
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Click "OK"
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The Journal Entry will populate with an automatically assigned Journal Number.
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Click "OK" to record it.
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The Recurring Transaction can be duplicated or deleted from the "Use" dropdown menu.
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