Recurring Payments

Feature

Starting with Goldenseal accounting software version 4.3, you can set up a recurring transaction or template that will automatically be paid, as soon as it is created.

Use this feature if you have payments that are always the same amount, and if they are paid from an automatic debit to your credit card or checking account.

Suggested By

User feature request.

How to Use

To create a recurring transaction that also creates an instant payment, follow these steps:

1. Create a Material Purchase or Other Cost transaction for the recurring expense, the first time it is due.
2. Fill in the vendor, amount, and brief description.
3. Fill in job costing info.
4. Fill in the payment method and bank account. Usually it will be paid by Credit Card or Checking Debit.
5. Hit the Enter key to save the transaction. Goldenseal will create an instant payment to pay for it.
6. Choose Recur this Item from the Options menu.
7. Fill in a name for the recurring transaction.
8. Fill in the frequency at which you'd like this transaction to be repeated.
9. Turn on the Auto Create Instant Payment checkbox.
10. Click OK.

Technical Details

Programmer Note: support code in CRecurringTransaction, CTemplateTransaction and DB_File