Thanks for chiming in on this thread, MarshaNS.
I'm happy to share the steps on how you can create a recurring invoice in QuickBooks Desktop. Before doing so, I recommend consulting your accountant for advice in recording the sale of a fixed asset to a customer. This is to ensure you're selecting the correct accounts and to ensure your reports are accurate.
To create the transaction, here's how:
- Go to Customers > Create Invoices.
- Enter the invoice details.
- in the Main tab section, click the Memorize button.
- Enter a Name and select Automate Transaction Entry. When you choose this option, remember to fill in the How Often and Next Date fields. Tips: If you set up an automatic schedule for a transaction, make sure your Next Date is set to a day in the future. When you fill in the Number Remaining, note that it includes the Next Date transaction.
- Enter any other info, then select OK.
- Click Save & Close or Save & Next.
Once created, the transaction will be entered when it's due.
To learn more about creating memorized transactions, you can check out this article: Create, edit, or delete memorized transactions.
Should you have any follow-up questions or other concerns, please let me know in your reply. I'll be right here to help you out some more. Take care and stay safe.
