What This Process Does


  • Allows user to review Recurring Receipt IDs added for the Build Recurring Receipts process.


Best Practices


  • Contains the static information regarding receipts that you make on a regular basis.


Maintain Recurring Receipts IDs


  1. Finance → Financial Management → Setup → Recurring Receipt Setup → Recurring Receipt IDs → Select a Recurring ID


FIELDSOpt.Rec.Req.Description
Recurring ID——♦A User-defined ID that is created
Proration Type——♦
  • Flat Amount –
    • use if the account and the amount is the same each time a recurring receipt is applied
    • use if the account is the same but the amount is different each time a receipt is applied; leave the amount field blank when building a recurring receipt and add in an amount when applying the receipt
  • Proration Amount – use if you consistently apply percentages to multiple account codes (40% to one account code and 60% to another account code)
  • Unit Rate -
    • use if the recurring receipt is based on a number of units received and the amount and number of units is always the same
    • use if the recurring receipt is based on a number of units received and the amount and number of units is always different when a receipt is applied; leave the amount and unit field blank when building a recurring receipt and add in an amount and number of units when applying the receipt
Last Applied Date—♦—Last date that this Recurring ID was applied
Description—♦—A description for the Recurring Receipt ID; a good way to group and categorize your IDs
Notes♦——Optional notes for the Recurring ID
Opt. = Optional  Rec. = Recommended  Req. = Required