Abacus Accounting will prompt you so that you can automatically merge the recurring journal entries when they are due to be posted.
This feature must be set up in Abacus Accounting as follows:
Your company preferences must include a date for Next G/L Merge Date, which is the date for merging recurring journal entries.
You must select Prompt me about merging Recurring Journal Entries in Workstation Options.
Follow these steps to automatically merge recurring journal entries.
The date you entered for Next G/L Merge Date in your company preferences, you will be prompted to add the entry. For example, if the original journal entry date was January 15, then you will be prompted to add the same entry on the fifteenth day of every month thereafter. Select to add the journal entry.
The journal entries will now appear in Post General Ledger Journal Entries window. To post an entry, highlight it and click Post.