If you have an invoice that needs to be generated at a fixed amount on a recurring basis (e.g. a monthly service fee), this can be achieved through the Recurring Schedule functionality in Revela.
To create a recurring schedule for an invoice, navigate to an existing invoice you would like to create a recurring schedule for. If the invoice does not yet exist, you will need to create it before setting up the recurring schedule.
On the invoice, click the Add Schedule button on the right hand sidebar.
Select the desired cadence that you would like the recurring schedule to generate. When doing so, you will need to enter the following information:
- Next Occurrence (start date) of the recurring schedule
- The cadence of the recurring schedule (monthly, weekly, yearly, etc.)
- The maximum number of occurrences the schedule should have (optional)
Click Save to create the recurring invoice schedule.
Notes
- To cancel a recurring schedule, go to the most recently created invoice generated during the recurring schedule and click Cancel on the right hand sidebar.
- Recurring schedules must be created for invoices individually (i.e. multiple recurring schedules cannot be created in bulk for a selection of invoices).
Reporting
You can view all active recurring invoices on the Recurring Invoices report. Journal entries can also be recurring, and those will display on the Recurring Journal Entries report.