Sage 50 allows you to set up repeating transactions for future dates or accounting periods. You can change or delete a recurring transaction at any time. You can recur sales invoices, purchases, payments, to-do tasks, or journal entries.
Note: If you have set up 13 accounting periods for the fiscal year, and you create a number of recurring transactions per period for the date of the 1st, the transactions won't occur on the 1st (for example July 1) of every period. These transactions will occur on the first day of every period, whatever that day happens to be.