Recurring Journal

Select this field to make the journal a recurring journal. When selected, the journal transactions are automatically saved so you can post the same entries each period.

With a recurring journal, you can quickly post transactions for a particular date and account every period. For example, you may have transactions for monthly rent, lawn service, and other payments. You can post these entries once each month by simply changing the date.

You could also post each entry more than once in the same period for the same account, if necessary, but a warning is displayed. For example, you may have a recurring journal for contracted services that you pay twice each month. As long as the transaction date is changed each time you post, the posting is allowed after confirmation.

This field can be used for only user-defined journals, not system journals.