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springbrook-west
Level 1

How do I set up a recurring payment for my insurance bill? Paid monthly.?

 
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QuickBooks Team
QuickBooks Team

How do I set up a recurring payment for my insurance bill? Paid monthly.?

Thanks for checking in with us, springbrook-west.

 

In QuickBooks Online (QBO), we can create templates for recurring transactions, like recurring expenses. We can do this for any transaction except bill payments, customer payments, and time activities. If you are trying to set up a recurring bill, we can create a template for it. Let me show you how: 

  1. Create a new bill or open an existing one.
  2. Fill in the data that you want to include regularly such as vendor, account or item details, description, amount, etc.
  3. At the bottom of the bill, tap Make recurring. QuickBooks Online (QBO) creates a copy of the bill and adds a "Recurring Bill" section so you can set the recurring bill's preferences.
  4. Enter a template name.
  5. From the Type drop-down, select a schedule. 
  6. On the Create _ days in advance field, enter the number of days before the date set in the "Interval" section you want the bill to be created in advance. If you selected Reminder from Type drop-down, how many days before the transaction date do you want to be reminded.
  7. Specify the Interval and Start date of the recurring transaction.
  8. From the End drop-down, specify if you want it to end that transaction after several occurrences, by the set end date, or to not end recurring.
  9. Press Save template.

 

If you need to create templates for recurring transactions in QuickBooks Online (QBO), just follow the steps in this article: Create recurring transactions in QuickBooks Online

If you want to see the list of the recurring transactions, you can follow the steps below:

  1. Go to the Reports menu.
  2. Find and open the Recurring Template List.
  3. Select Customise to customize the report.
  4. Choose to expand the Filter section.
  5. Select the Distribution Account checkbox. You can also select specific accounts from the dropdown.
  6. Press Run report.

 

Here's a guide that can provide other details that may help your business in the future: How can my customers auto-pay their invoices in QB Online.

 

I'll be right here to continue helping if you have any other concerns or questions about QuickBooks. Assistance is just a post away. You have a good one. 

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