Set Up Reoccuring Transaction

Question:
I have a reoccurring bill that is automatically withdrawn from my bank account each month.  I would like to set up a transaction in Quickbooks to automatically post the transaction without me having to create or initiate it.



Answer:
To set up a reoccurring transaction, create the transaction that you want to post automatically.  When you are finished, click Edit and then Memorize Check (or Memorize Invoice or Memorize Credit Card Charge...whatever the transaction you want to memorize.)

The following screen will appear.

 

You will want to name the transaction.  Then select Automatically Enter, How Often you want the transaction to repeat, and the Next Date it will repeat.

Once you have set this up, it will automatically post.  You will receive a notification that the transaction has posted each time it posts.