answersLogoWhite

0

What is recurring document?

Updated: 12/14/2022
User Avatar

Wiki User

12y ago

Best Answer

There are some business transactions which occur regularly at fixed intervals. Examples are rent payment; payment of term loan installment and payment of vehicle loan installment. In order to post this type of transactions we can use this recurring document functionality. To use the recurring documents two conditions are to be satisfied..

1. The day of posting should be same in every interval

2. Theamount of the transaction should be same in every interval.

For every recurring document we should specify the fist rundate. Last run date and interval for posting.

The original recurring documents do not update any transactional figures. The transactional figures are updated when the accounting documents are posted using the recurring documents by running the recurring cycle

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is recurring document?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What if you didn't know about 7 day recurring NSF fees?

When opening a check account, the holder of the account signs a document that outlines all of the charges that can be imposed. If the 7 day recurring NSF fee was stated in the document, the account holder can not claim ignorance.


What is the Master Entry Plan?

a written document, which must be reviewed annually by the CSPT that authorizes entry supervisors to issue entry permits. This document defines acceptable entry conditions for routine recurring entries into like


What is the Master Entry Plan MEP?

a written document, which must be reviewed annually by the CSPT that authorizes entry supervisors to issue entry permits. This document defines acceptable entry conditions for routine recurring entries into like


Is it is Recurring or non recurring?

recurring


What number is the same as 8 thousand?

7999.99... recurring.7999.99... recurring.7999.99... recurring.7999.99... recurring.


What is 1 therd?

Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%


What is two decimals that are equivalent to 0.070?

0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.


What is a third of 23?

23/3 = 7.66... recurring.23/3 = 7.66... recurring.23/3 = 7.66... recurring.23/3 = 7.66... recurring.


What percentage is 0.2 recurring?

It is 22.22... recurring %.


What is the quotient 8 of and 30?

8/30 = 0.266... recurring.8/30 = 0.266... recurring.8/30 = 0.266... recurring.8/30 = 0.266... recurring.


What is 34 over 60 as a percentage?

34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.


What is 34 over 60 as a decimal?

34/60 = 0.566... recurring.34/60 = 0.566... recurring.34/60 = 0.566... recurring.34/60 = 0.566... recurring.