If you have a payment that is automatically withdrawn from a bank account on a recurring basis, you can create a recurring check in Buildium to represent that payment.
For example:
- Since I know my landscaper is going to bill me every two weeks, I use the recurring checks feature in Buildium to automate the payment process.
- I prefer to use the recurring checks feature rather than manually entering a check every month to our florist.
- We keep a handyman on our payroll, and the recurring checks feature allows me to know that his paychecks are being recorded.
Creating a recurring check will work exactly the same as automatic debits in the real world - when the due date comes around, a check will post in the bank account that was chosen when the recurring transaction was created.
Recurring checks are processed and posted to Buildium once a day through a batch process. They are best used to create bills in the future, rather than catching up on your data entry.
Add a recurring checkShow
- Navigate to Accounting > Recurring transactions.
- Then, click Add recurring check.
- Complete the form, then click Save.
Edit a recurring checkShow
- Navigate to Accounting > Recurring transactions.
- Click on the recurring check that you'd like to edit.
- Make any necessary changes, then click Save.
Delete a recurring checkShow
- Navigate to Accounting > Recurring transactions.
- Click on the recurring bill you'd like to edit.
- Click Delete.
- A confirmation pop-up window is displayed, prompting you to confirm the deletion. Click OK to delete the recurring check and return to the Recurring transactions page.
Article #:112296