Notice: This is an experimental feature and should only be used at your own risk, so please test this feature in your Zumzum Financials Sandbox instance before considering implementing in your live org.
Navigate to the Bank tab.
Select Schedule Recurring Transactions.
Select New in the top right corner.
Firstly select the Transaction type from the drop-down list.
Choose which Bank Account the transaction is in relation to.
Enter the Nominal Code (N/C) of the Nominal Account you wish the transaction to be noted under.
You can add a Reference to make the transaction easier to recognize.
You can add Transaction Details, to refer to in the future to help in understanding the reason for the transaction.
In the Every section you select how often the Transaction occurs do this by selecting either Day, Months, Year.
Then enter the number of Days, Months or Years.
In the Total Required Postings, you select how many times this transaction takes place on the recurring date.
You can select a Start Date, which will auto-select today’s date but can be changed.
Now enter the Finish Date, the transaction will continue to occur until this date.
In the Net Amount, enter how much is sent in the transaction, before tax.
Now select the Tax rate you wish to be applied to the Net Amount.
The Suspend Posting Tick box can be selected on Recurring transactions that you wish to stop for an unspecified amount of time. This is easier than deleting the record if you will need to use the recurring transaction again.
Zumzum uses cookies to help provide the best customer experience for our customers and make our website easier for you to use. AcceptRead More
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.