Recurring Invoices/Checks
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Recurring Invoices/Checks
I can understand doing recurring payments, but when I try to set one up, it asks for an account/amounts to debit or credit. The monthly utility bill amount varies so how do I set up this transaction?
Re: Recurring Invoices/Checks
Most utility bills average about the same. When you create the recurring payment/invoice, use the average payment amount. You'll have a chance to verify the amount and the save the changes from the Maintain Open Invoices or Maintain Manual Checks screen.FBCtroyPA wrote:I can understand doing recurring payments, but when I try to set one up, it asks for an account/amounts to debit or credit. The monthly utility bill amount varies so how do I set up this transaction?
I have a few utility payments setup, I'll use gas and phone for examples.
The Gas payment is a 'budget billing' setup, where the amount is always the same for 12 months. That's an easy one to setup. When I release the recurring payment, I go to the invoice and update the reference to reflect the month & year I'm paying the bill for.
However, the phone bill varies based on the number of days in the month, but say it averages $110.00 a month. I use that amount to create the recurring transaction. When I release this one, I change the reference, but also update the amounts to reflect the actual bill, then save it.
It does save a few steps when doing a lot of bills, not to mention it also makes sure that you have paid all the usual monthly bills and that you haven't forgotten one in some way.
Neil Zampella
Using PC+ since 1999.
Using PC+ since 1999.