I have the exact same issue. First, you did not address the issue regarding " Recurring Invoices", you illustrated bank deposits. That being said, internally, the transactions may be processed with the same program logic. Second, selecting "USE", forces QB to record the transaction. Which it did. However, the next scheduled date did not change. 

I migrated from QB 2019 Desktop for Mac. I set my recurring invoices to enter 3 days prior. On that day a box would appear listing all memorized transactions to enter. I could select all or none or deselect individually. I see no mechanism in QBO for this to occur nor an option to "use" all of them at once. 

Our invoices are not emailed nor or they printed. They are rental invoices so there is no need to email or print them. They just need to hit the books so the A/R can be managed. 

So one can only assume, this is either a program bug, or QBO Simple Start Plan does not have the feature to automatically record scheduled invoicing and you must manually "use" each one.

Thoughts?