Enter Recurring Creditor Invoice

Summary

Property Tree's Recurring Invoice Feature allows you to create recurring invoices for both residential and commercial. Once set up the invoice will continue to generate as per the schedule created.

Creating Recurring Invoices is similar to the existing 'Entering Creditor Invoices' process.

To create a recurring creditor invoice:

• Navigate to Accounting >  Create Recurring Creditor Invoice
•  Search for Creditor and Select
•  Search for Property and Select
•  Select to Add a Tenancy Invoice if required 

You will now have an option to create your Recurring Schedule. 

You will have flexibility in how to set up your recurring invoice. 

You will need to complete the below information: 

• Start Date
• Frequency: Select Weeks or Months
• You can then choose different options for the Duration by selecting either:
  • No End Date - Select this if the Invoice is to occur until the end of the tenancy
  • Ends After - Select the amount of invoices you would like created using the Recurring Schedule
  • Ends On - Select the ate that the recurring invoice schedule should cease
• Creditor Invoice Due Date
• Tenancy Invoice Due Date: As applicable if a linked Tenancy Invoice is created as part of the schedule
• Input your Description, Reference, Account and Amount as per regular invoice entry process.
• Select whether you would like the invoice to be:
  • Priority Invoice: To be paid prior to other invoices in the payment run
• Add Date Range to Invoice Description - invoice date range will be added into invoice description.
• Add Attachment as necessary NB: This will only be attached to the first recurring invoice 
• Add/Delete Fees as applicable and select to Email Tenancy Invoice as applicable. 
• Save

Note: The due dates will dictate the ongoing dates the invoices are due after creation, The start date and frequency indicate when the next invoice will be created.

Your Recurring Invoice is now complete