Recurring journal entries are those entries that are recorded periodically. The journal entries are to be posted every time whenever these payments are made. This is quite time-consuming. On the other hand, setting up a recurring payment gives you the option to automatically record every transaction. Recurring payments module makes the payment recording seamless via generating automatic journal entries based on set conditions. Utilizing the recurring payment module, one can create multiple types of recurring methods(templates) to handle multiple payment types.
