The Templates Screen makes it easier to handle payables that occur periodically. Examples include: rent, utilities, telephone, loan payments, and insurance premiums.

Setting up a recurring payable does not commit you to creating a voucher when a certain time interval falls due.simplifies the process of creating vouchers, while ensuring consistency and accuracy for them. This will create a template that can be chosen when creating a voucher for the vendor from the A/P Vendors list for which the template was created. Once you have made a template, you can choose to make that template the default for that particular vendor.

You can make a new template by clicking on Make a new Template

You can click on 5 More Lines if you need to create additional templates.

Template Name: This is the name given to your template

Total Dollars: This is the voucher value in dollars

Terms: These are the agreed payment terms for the vendor

Purchase Order: This is the associated PO