Lesson 8.1: Activity

Practical Activity: Automating Rent

Objective: Create a recurring Cash Disbursement for monthly rent.

1. Create Transaction: Navigate to Transactions > Cash > Cash Disbursements.

2. Enter Details:

    ◦ Payee: Select your landlord.

    ◦ Amount: Enter the monthly rent amount (e.g., 2,000.00).

    ◦ Distribution: Select the “Rent Expense” account.

3. Set Recurring: Check the Recurring box in the Options area.

4. Configure Schedule:

    ◦ Start Date: First day of the current month.

    ◦ End Date: Last day of the fiscal year.

    ◦ Repeats: Monthly.

    ◦ Repeats Every: 1.

    ◦ Automatically Post: Leave Unchecked (so we can see it in the list).

    ◦ Click Save.

5. Verify: Navigate to Transactions > Activities > Recurring Transactions. Find your rent check in the list. Note that it is marked as “Pending” (Auto = No).