Recurring Journal Entries for QuickBooks Online
Recurring journal entries are created for each period in Approvals. They push to QuickBooks once approved, and approval can push them automatically.
Where recurring entries live
Recurring JEs is a page in the Approvals app, next to Approval Requests and AP Processing. Use it for entries that repeat and are not already produced by Prepaids, Fixed Assets, or Leases. Those three apps generate their own entries from the register or the schedule. A recurring entry here is the one you define, such as an accrual or an allocation.
Created each period, pushed after approval
CloseFlow creates the recurring journal entry for the period. It does not post to QuickBooks on a timer. Approve the entry, then it can push to QuickBooks Online or Intuit Enterprise Suite. An admin can turn on Automatically push approved entries to QuickBooks. With that setting on, the approval itself sends the entry. Review the amount before you approve it. The QBO Sync Log is where you see whether it was sent.
- Open Approvals and select Recurring JEs.
- Set up the entry you want repeated: accounts, amounts, and the memo a reviewer can recognize.
- Each period, open the generated entry and compare it with the support.
- Approve it. If automatic push is off, push the approved entry to QuickBooks from the sync log.
Try this in CloseFlow
CloseFlow connects to QuickBooks Online and Intuit Enterprise Suite. The books stay in QuickBooks.