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Setting up recurring journal transactions

You can set up a recurring transaction for printing a check. In the Trans# box, type four zeros (0000). In the Vendor# box enter the vendor number for whom you are printing the check. Sage 100 Contractor increases the vendor 1099 balance by the total amount of the check. Then, in the Account column, indicate the checking account number.

After posting the transaction, you can print the check from the 1-1 Checks/Bank Charges window with other checks. As you have posted the transaction, do not enter it in 1-1 Checks/Bank Charges.

To set up a recurring journal transaction:

Open 1-4 Recurring Journal Transactions.
In the Trans# box, enter the transaction number.
In the Next Date box, enter the next date when the transaction needs to post.
In the Cycle box, enter the transaction cycle.
In Sage 100 Contractor, a cycle is represented by ##DY (a number of days), ##MO (a number of months), and ##TH (a specified day every month). You replace the ## symbols with the number of days or months, or the day of the month for the processing cycle. For example:
- 30DY means due every 30 days.
- 02MO means due every two months.
- 25TH means due on the 25th day of each month. Sage 100 Contractor displays the 25th of the month following the invoice date when you enter a new invoice for a vendor
In the Description box, enter a brief statement about the line item.
In the grid, for each item:
In the Description cell, enter a brief statement about the line item.
In the Account cell, enter the ledger account.
In the Subaccount cell, enter the subsidiary account.
Enter the amount in the appropriate Debit Amount or Credit Amount cell.
Click File > Save.