EV.3.3 Create a Monthly Recurring Transaction | Scribe

    EV.3.3 Create a Monthly Recurring Transaction

    • 13 steps
    • AkadianAkadian
    • IntuitIntuit
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    Start in the Sample company.
    1
    To complete this exercise, you must be in the Sample company. From your QBOA account, click the Gear icon on the top right corner of the screen, then select Sample company.
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    Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
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    Now you can start the exercise.

    Create a Recurring Transaction

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    Craig's rent for the storage unit is due on the first day of every month. The rent bill is due upon receipt.
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    Click the gear icon.
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    Click "Recurring transactions"
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    Click "New"
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    "Bill" should already be selected. Click "OK"
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    In the Template name field, type "Storage Unit"
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    In the Vendor field, select "Hall Properties"
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    The Interval should already be set to happen monthly on the first day of every month. Confirm that this is the case.
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    In the Start date field, select the first day of the upcoming month. *Note: Your date will differ from the one pictured below.*
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    In the Terms field, select "Due on receipt"
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    In the Category field, select "Rent or Lease"
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    In the Description field, type "Storage Unit Rental"
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    In the Amount field, enter "200"
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    Click "Save template"

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