These are the types of recurring templates you can create. How?
| Type | What it does |
|---|---|
| Scheduled | Creates a series of transactions according to a schedule you set.
How you control it: You can choose whether or not to be notified when the transactions occur. In either case, they are recorded without any intervention from you. This type is useful for: Transactions with a fixed schedule and amounts that don't change, such as rent payments, loan payments, and depreciation. |
| Reminder | Proposes a series of transactions according to a schedule you set. On your home page, an activity in the Activities list called "Respond to your reminders" reminds you about these transactions.
How you control it: You decide which ones to create, and you can review and edit them first. This type is useful for: Transactions with a fixed schedule that need to be edited before they are created, such as utility bills. |
| Unscheduled | Saved with partial or complete data and without a schedule. Nothing happens to this type of template until you choose to use it.
How you control it: From the Recurring Transactions page, you can select a template and click Use to use the template as the start point for a new transaction. This type is useful for: Transactions that contain a lot of detail that you don't want to retype, but that aren't needed on any set schedule. Examples are complicated invoices that need to go to different customers. |