Understanding the Recycle Process

After you enter, review, and revise recurring invoices and vouchers, you recycle them to create a new batch of transactions for the next month, quarter, or year. The recycling program generates a new transaction based on the number of payments and the recurring frequency that you specified when you created the original recurring transaction. When you recycle an invoice or voucher, the system makes a copy of the previous transaction and updates the appropriate fields. It repeats this process every time you run the recycle program until the number of payments equals one. When one payment remains, the transaction no longer recycles. For example, to set up a recurring invoice or voucher for one year, set the number of payments to 12. Because the original transaction is the first payment, the recycle program does not consider transactions that have one payment remaining.

You do not have to pay an existing invoice or voucher to generate the next cycle of recurring transactions.

This process updates information in these tables:

• F0011

• F03B11 (invoices)

• F0411 (vouchers)

• F0911