The management of recurring entries refers to the features in accounting software that allow companies to automatically capture, process, and manage regularly recurring transactions. These types of transactions typically include recurring expenses such as rent, insurance premiums, subscription fees, and recurring revenues such as rental or leasing income. By using the management of recurring entries, companies can save time, increase efficiency, and ensure that regular financial transactions are accurately recorded and processed.
Typical features of software in the area of management of recurring entries include: