Guides

Set up and manage recurring invoices

Recurring sales or purchase invoices are useful if your business routinely issues similar sales invoices to customers or receives similar invoices from suppliers. Once you have set them up, Manager will notify you they are ready to be created when they come due at the prescribed intervals. Recurring invoices are often used for:

  • Customer subscriptions
  • Monthly service billings
  • Insurance premiums
  • Organizational memberships and dues
  • Rent
  • Utilities payments

Set up a recurring invoice

There are two methods for setting up recurring invoices. These are identical for sales and purchase invoices.

First method

The first method for creating a new recurring invoice is to go to the Settings tab and click Recurring Sales Invoices or Recurring Purchase Invoices:

OR07 AM

Click New Recurring Sales Invoice or New Recurring Purchase Invoice:

OR

03 AM

Second method

The second method is to use the Copy to function while viewing an existing invoice you want to make recurring:

55 AM

OR

56 AM

For either method

Whichever way you begin, enter Next issue date to establish when the first recurring invoice will be created:

If desired, enter how the optional Due Date should be calculated. If nothing is entered, Manager will assign the issue date as the due date:

Select an Interval to control how often this recurring invoice will be created:

Select whether the recurring invoice will be good Until further notice or Until a specific date:

11%20PM

Enter remaining information as if creating a regular sales invoice or purchase invoice and click Create. On the Recurring Sales Invoices or Recurring Purchase Invoices screen, Next issue date will be updated based on the selected Interval. Termination date (if set) will also be shown:

06%20AM

Caution
Recurring invoices in Manager are templates from which actual invoices will be generated later. Setting up a recurring invoice does not affect your customer or supplier balances, customer or supplier statements, inventory, income, or expenses. In fact, while Manager will notify you recurring invoices are pending, it will not automatically generate them for you. This avoids problems if you need to edit an invoice before issuing it or you forget to enter a service modification.

Generate invoices

When one or more recurring invoices are due (or past due) to be issued, two notifications are provided. The first is a yellow counter window in the left navigation pane showing the number of recurring invoices for which invoices are pending (not the number of pending invoices, which could be higher if you have not kept up by creating invoices that are due).

Example
One recurring sales invoice has generated pending invoices. The left navigation pane shows:

01%20AM

The second notification occurs any time you go to the Sales Invoices or Purchase Invoices tabs. You will see a yellow notice that at least one recurring invoice is pending:

09%20AM

Click on the yellow bar to review invoices to be generated, then press Create:

All pending invoices will be immediately created under the Sales Invoices or Purchase Invoices tab, depending on which you are in. You can further Edit or View them without affecting future recurring invoices:

Cancel a recurring invoice

When circumstances change, such as when a customer cancels a subscription or you stop regularly purchasing a product, you may want to cancel future recurring invoices. Click Edit for the recurring invoice in Settings, then Delete:

The recurring invoice will be removed from the list and no new invoices will be created from it. Cancelled recurring invoices cannot be restored. They must be recreated from scratch.

Skip an invoice

If recurring invoices must be skipped, but routine invoicing will resume in the future, click Edit for the recurring invoice in Settings. Set a new Next issue date, then click Update to save the change.

Example
Your customer’s next recurring sales invoice for monthly service should be generated on 24 September 2015:



Your customer pauses the service subscription for one month; therefore, no invoice should be issued on 24 September. The next invoice should be issued on 24 October, so you edit the recurring sales invoice in Settings:



You now see the next sales invoice is due 24 October:

Support
Subscribe to Updates

Subscribe to our newsletter and get exclusive product updates you won't find anywhere else straight to your inbox.

© 2018 - Based in Sydney, Australia but providing goodness globally