QBO How to: Set Up Recurring Payments

It’s 2022, allowing automatic payments is almost a must. Having automatic invoices generated for payments sounds like a dream but can also be your reality. If you are a business that has customers/clients that utilize your products/services frequently, it may be best to set up auto-pay to streamline the entire process of sending invoices. It seems everyone is looking for the easiest, most efficient way of doing things - and recurring payments is one!

Invoices won’t slip through the cracks, cash flow will be improved, and it’s also green-friendly! If you use QuickBooks for your accounting software, we have good news - the process of setting up recurring payments is a breeze. We provided a step-by-step guide below…

How to set-up recurring payments in QuickBooks Online: 

On the dashboard, click the (+), then “Sales Receipt.”

From there, select the account or client you would like to set-up autopay for. Then, select the product for which they will autopay. 

Choose the correct card within the Payment Method. 

Click “Make Recurring.” 

Create a name for this saved payment so that you will remember why it was scheduled. 

For “Type,” choose “Scheduled.” 

Choose how often the payment will recur, enter the start date, and how many “Occurrences” or times to auto-send the invoice. Finally, click “Save.”

If you run into issues with setting up your recurring payments, don’t hesitate to reach out to Skynar Bookkeeping Services for assistance. There are also online tutorials available.