How do I post the same entry every month?
Make a Recurring Entry Template with the lines, monthly frequency and the number of times. At each month end run Process Recurring Entry with the month's last day as Till Date: Save posts the due repetitions, dated the Till Date.
Steps
- On Recurring Entry Template: Template, Template Date, journal, the local currency, Period frequency monthly, Number of occurrences (12 for a year), Date From, Periodic Entry On. Enter the lines. Save.
- Each month end, open Process Recurring Entry. Transaction Date = the last day of the month, so Till Date is too. Create.
- Read the lines, then Save.
What posts
| Document | When | Debit | Credit |
|---|---|---|---|
| Process Recurring Entry | Save | The template's debit lines | The template's credit lines |
Undoing it is Reverse on the toolbar of Process Recurring Entry.
If something looks wrong
- "No Data Found" Nothing is due: the template is used up, or not yet started.
- Two months were posted on the same date. A missed month is caught up on the Till Date. Run the process every month.