Using the Recurring Invoice function within the Accounts Payable module is a great tool to set-up and edit invoices that are generated on a regular basis at a predetermined time. This tool can be used to pay such invoices as rent, contract fees, loan payments. It can generate invoices at several different payment intervals: weekly, monthly, bi-monthly, quarterly, annually and on-demand.
These are created from the Setup Menu in Accounts Payable.