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December 3, 2020
Question

How to start a recurring expense account

  • December 3, 2020
  • 1 reply
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1 reply

Rebecca R
December 3, 2020

Hello info-h-hrelo-com,

QuickBooks Online's recurring template feature saves you valuable time by reducing the need to manually enter transactions that occur on a regular basis. It's great that you're interested in making use of this to streamline your business activities. I can help explain how to set up a recurring expense template.

Please note that recurring templates is a feature in QuickBooks Online Essentials and Plus plans. If you're currently using Easy Start, you'll need to upgrade in order to access this functionality. If you already have one of the correct subscriptions, the steps to create a new recurring expense template are as follows:
 

  • Go to the Gear icon.
  • Under Lists, select Recurring Transactions.
  • Select New.
  • Select the type of transaction to create (in this case select Expense), and then select OK.
  • Enter a Template name.
  • Choose a Type: Scheduled, Unscheduled, or Reminder.
  • Once you've filled in the rest of the required information, click Save template.
     

You can learn more about creating and editing recurring transactions in our Community article Create recurring transactions in QuickBooks Online.

If you're looking for assistance on setting up a specific type of account in your chart of accounts, I recommend speaking with an accountant to ensure that this is done correctly. You can invite your accountant to your QuickBooks Online company through the My Accountant tab. If you're not currently working with an accountant, you can click the Find a Pro to help button to connect with a QuickBooks-certified Pro Advisor near you.

Let me know if you have any other questions!