In the 3-11 Recurring Receivables window, you can set up recurring receivable transactions. Only transactions that have a consistent amount from invoice to invoice and post on a regular basis make good candidates for being set up as recurring receivables.
Sage 100 Contractor does not automatically post recurring receivable transactions; you retain complete control of when to post transactions. You can even set a reminder to prompt users in a specific security group when it is time to post the recurring transactions.
Look at the posting date of a transaction to determine when to post the transaction. After posting a transaction, Sage 100 Contractor advances the posting date based on the transaction cycle. The transaction date does not control or affect the period to which you are posting the transaction. If you need to post a recurring transaction to a different period, change the posting period.
To prevent the possible duplication of invoice numbers, Sage 100 Contractor assigns a unique invoice number to each recurring receivable transaction. The invoice number is actually the combination of a record number and an invoice sequence number.