1 | Open 3-11 Recurring Receivables. |
2 | Enter header information for the recurring receivable as follows: |
a | In the Job text box, enter the job number. |
b | If the job uses phases, enter the phase number in the Phase text box. |
c | In the Description text box, enter a brief statement about the transaction. |
d | In the Next Date text box, enter the next date when the transaction needs to post. |
f | In the Due Terms text box, enter the cycle for the date when the invoice is due. |
g | In the Discount Terms text box, enter the cycle for the date by which the vendor must receive payment for the discount to apply. |
h | In the Status list, click the invoice status. |
i | In the Type list, click the invoice type. |
3 | Enter item lines for the recurring receivable in the grid. For each item: |
a | In the Description cell, enter a brief statement about the line item. |
b | In the Quantity cell, enter the quantity purchased. |
c | In the Price cell, enter the price per unit. |
d | In the Account cell, enter the ledger account. |
4 | On the File menu, click Save. |
Posting single recurring transactions in 3-11 Recurring Receivables Posting groups of recurring transactions in 3-11 Recurring Receivables |
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