These are the types of recurring templates you can create. How?
|Type||What it does|
|Scheduled||Creates a series of transactions according to a schedule you set.
How you control it: You can choose whether or not to be notified when the transactions occur. In either case, they are recorded without any intervention from you.
This type is useful for: Transactions with a fixed schedule and amounts that do not change, such as rent payments, loan payments, and depreciation.
|Reminder||Proposes a series of transactions according to a schedule you set. On your home page, an activity in the Activities list called "Respond to your reminders" reminds you about these transactions.
How you control it: You decide which ones to create, and you can review and edit them first.
This type is useful for: Transactions with a fixed schedule that need to be edited before they are created, such as utility bills.
|Unscheduled||Saved with partial or complete data and without a schedule. Nothing happens to this type of template until you choose to use it.
How you control it: From the Recurring Transactions page, you can select a template and click Use to use the template as the start point for a new transaction.
This type is useful for: Transactions that contain a lot of detail that you do not want to retype, but that are not needed on any set schedule. Examples are complicated invoices that need to go to different customers.