today, we ’ ll usher you how to set up recurring payments to vendors in QuickBooks Desktop, including how to edit and delete recurring payments. The initial step of setting up recurring payments in QuickBooks Desktop depends on whether you have an existing hindrance for the seller you wish to pay on a fall back basis.
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Visit QuickBooks Desktop
Watch the video tutorial under and the bit-by-bit instructions that follow :
How To Set Up Recurring Payments in QuickBooks Desktop With a New Check
If it ’ s your first payment, then you need to enter the first gear see to set up a recurring transaction. To do this, follow the steps below :
- Write a new check.
- Memorize the transaction.
1. Write a New Check
To write a new check, select the Write Checks icon under the Banking menu on your QuickBooks Desktop home page :
The Write Checks window will appear. To enter your confirmation, you need to enter the follow data in QuickBooks Desktop :
- Bank Account: Select the bank account from which the payment will be deducted.
- Print Later: Click the box if you want to create the check now but wish to print it later.
- Pay to the Order of: Select the vendor’s name.
- No.: If you’re printing the check now, enter the number from the check you’ll place in the printer.
- Date: Enter the date when you’re issuing the check.
- Amount: Enter the amount.
- Address: This field is populated automatically based on the information entered during the payee setup.
- Memo (optional): Enter additional information to describe the transaction.
- Expenses or Items tab: Assign the check to an expense account or item.
Click on the Save menu on top of the screen .
If you need a scout in creating a check, check out our tutorial on how to write and print checks in QuickBooks Desktop .
2. Memorize the Transaction
To set up a recurring payment, you need to memorize the check that you created. To execute this, click on the Memorize push button on top of the write bridle screen as indicated by the hanker arrow in the screenshot above.
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QuickBooks Desktop will display the Memorize Transaction filmdom. From here, select the Automate Transaction Entry push button, and meet in the follow fields :
- How Often: Select the frequency of the payment. Choose from the options provided, such as daily, weekly, every two weeks, and twice a month.
- Next Date: Enter the schedule of your next payment.
- Number Remaining: Indicate a specific number of payment times. For instance, if it’s a 24-month loan, enter 23 (24 including the first check).
- Days in Advance to Enter: Set a specific number of days prior to the transaction date.
Click OK to memorize the transaction .
The transaction is recorded in the determine read. To view it, click on the Check Register icon under the Banking menu :
How To Set Up Recurring Payments in QuickBooks Desktop With an Existing Check
If you already have an existing crack, follow the steps below to set up a recur payment :
- Find the check in the register.
- Memorize the transaction.
1. Find the Check in the Register
blue-ribbon Check Register from the Banking menu. Highlight the transaction you want to memorize by plainly clicking anywhere on the wrinkle submission. Tap on the Edit button in the upper right corner of the screen, and then click the Memorize Check drop-down menu :
2. Memorize the Transaction
QuickBooks Desktop displays the same Memorize Transaction screen that appears when memorizing a fresh check. Select Automate Transaction Entry, provide the want information, and chatter OK to continue .
Edit or Delete a Recurring Payment
To view memorize transactions, suction stop on the Lists menu on top of the screen, and blue-ribbon Memorized Transaction Lists .
As you can see in the screenshot below, QuickBooks Desktop recorded our two memorize transactions :
Edit a Recurring Payment
If you want to make some changes to your recurring transaction, suction stop on Edit on top of the riddle, and choice Edit Memorized Transaction. Again, it ’ ll bring up the memorize transaction screen. Make your coveted changes, and click OK to proceed :
Delete a Recurring Payment
You ’ ll notification that there ’ s no option to edit the amount in your recurring transaction. In this shell, you need to delete the recurring requital and enter a fresh one. Deleting a recurring payment besides makes sense if your requital has ended and you want to take your transaction out of QuickBooks. To delete a recur payment, water faucet on Edit, and blue-ribbon Delete Memorized Transaction :
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A message prompt will appear, asking if you want to delete the memorize transaction. Click OK to continue :
Wrap Up
That ’ s how easy it ’ s to set up recurring payments to vendors in QuickBooks Desktop. Thank you for your clock time, and we hope you found this helpful. You might besides want to study our tutorial on How to Reconcile a Credit Card Balance in QuickBooks Desktop .
If you want to take your background file to the obscure, be sure to check out our tutorial on how to convert QuickBooks Desktop to QuickBooks Online .
