How to create and manage recurring payments and receipts

How to create recurring payment and receipt entries in Sage Accounting Standard and Plus for transactions such as direct debits and subscriptions.

Use recurring entries for consistent transactions like Other Payments and Other Receipts. Sage Accounting automatically generates these entries based on your schedule.

How this works

• Enter the payment or receipt you want to make recurring
• Choose to make the payment or receipt recurring
• Choose how often you want it to repeat
• We automatically create the new payment or receipt on the repeat date

To find the recurring transactions, check the bank activity. The most recent recurring transaction has a recurring symbol. If you enter a recurring entry with a date in the past, we'll create all the transactions up to today's date. Refresh the page in your browser if the list isn’t up to date.

 

 Creating recurring payments

1. Post the payment by following the article Record an expense without a vendor invoice (Other Payment).
2. Click the Banking menu. Open the bank account used for the original payment.
3. From the Activity tab, open the original payment. The type shows as Other Payment.
4. Select Make Recurring, then complete the following information:
   

   Repeats every	Choose to repeat in days, weeks, or months.
   Repeat Until	If required, enter the date of the final payment. If you leave this blank, the payment will recur until you choose to stop it.

Recurring receipts

1. Post the payment by following the article How to record an 'Other Receipt'.
2. Click the Banking menu. Open the bank account used for the original payment.
3. From the Activity tab, open the original payment. The type shows as Other Receipt.
4. Select Make Recurring, then complete the following information:
   

   Repeats every	Choose to repeat in days, weeks, or months.
   Repeat Until	If required, enter the date of the final payment. If you leave this blank, the payment will recur until you choose to stop it.

Changing a recurring transaction

1. Edit the most recent transaction. Identify this by the recurring symbol.
2. Click the Banking menu. Open the bank account used for the original payment.
3. From the Activity tab, open the most recent transaction.
4. Select Edit Recurring.
5. Make the required changes and Save.

Stopping a recurring transaction

1. When you want the transaction to stop recurring, edit the most recent one. Identify this by the recurring symbol.
2. Click the Banking menu. Open the bank account used for the original payment.
3. From the Activity tab, open the most recent transaction.
4. Select Stop Recurring.
5. Make the required changes and Save.