I'm using recurring transactions for our monthly cost such as (rent, insurance and other payments that are the same cost each month). The only purpose for us to setup recurring transactions is to know what bills are due each month. But I do have a couple of questions below.
Do I make 12 entries for the year for each vendor?
Also, our payments our automatically paid through our bank which is attached to Quickbooks and the payment show up under the Banking, can I match the payment to the recurring transactions?