If you have a recurring transaction that happens every month, you can easily set it up in Bukku. Bukku will automatically record the transaction for you each month, eliminating the need for manual entry

Scenario:

You have rented an office space from June 2023 until May 2025, with a monthly rental amount of RM2500. Your rental payment is due every 1st day of the month.

Follow the steps below to set up the recurring:

1. Go to Control Panel > Recurring Instructions > +New

2. The New Recurring Instruction appear. Enter the following details

Name: Recurring Name

Transaction: Select one of the following options: Invoice, Bill, Money In, Money Out, Transfer, or Journal Entry.

Create As: Choose one of the following options: Draft, Pending Approval, or Ready.

Send Email: Automatic email will be sent to the customer (only for invoices).

Frequency: Specify how often the transaction should be created. Choose the interval in days, weeks, or months.

Day: Select the specific day you want the transaction to be created. For example, you can choose the 1st day of the month.

Start Date: Enter the start date for the recurring transaction.

End Date: Optionally, specify an end date for the recurring transaction. Leave this field blank if there is no end date.

Post Dated: If applicable, specify a post-dated transaction that you want to be created before the next recurring date.

3. Scroll down and enter the recurring transaction details. Example, Invoice.

4. After filling in the required details, click on the "Save" button.

5. Once saved, navigate to the Recurring Instruction listing. You will find the Rental listed there. You can also observe that the next date for the recurring transaction is scheduled for 01/07/2023.