I have been looking around and it looks like this feature doesn't exist. One of my clients pays monthly rent for his office to a landlord. So I have the LL set up as a supplier, and I'm trying to set up a recurring monthly supplier invoice for this amount. I'd like it therefore to appear in the monthly recurring and memorised items, and then once it's been processed, easily enter the rent payment which my client pays on a Standing Order, job done!
It looks like this can't be done, but I'd be happy if anyone could prove me wrong and show me how.
Thank you.
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Recurring Rent Charge
- Geordie613
- User
- Posts: 46
- Joined: 03 Feb 2015, 17:31
- Sage Version: v2018 24 UK/Europe/Africa
Recurring Rent Charge
"Difficulties mastered are opportunities won."
Sir Winston Churchill
Sir Winston Churchill
- brucedenney
- Site Admin
- Posts: 4631
- Joined: 28 Feb 2006, 09:56
- Sage Version: v28 UK/Europe/Africa
Re: Recurring Rent Charge
You are correct, there is no recurring PI facility.
There are things you could try.
1/ Enter the next year of invoices in one go, just copy the first line twelve times and change the date to the next month as you go down the page.
2/ If the money is paid by DD or SO
Don't do the transaction on the Purchase ledger, do it as a recurring Bank Payment to the rent nominal account with an amount and a VAT rate.
There are things you could try.
1/ Enter the next year of invoices in one go, just copy the first line twelve times and change the date to the next month as you go down the page.
2/ If the money is paid by DD or SO
Don't do the transaction on the Purchase ledger, do it as a recurring Bank Payment to the rent nominal account with an amount and a VAT rate.
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
- Geordie613
- User
- Posts: 46
- Joined: 03 Feb 2015, 17:31
- Sage Version: v2018 24 UK/Europe/Africa
Re: Recurring Rent Charge
Thank you very much.
I've thought of your point 1. Not too much hassle. And I will be doing your point 2.
I've thought of your point 1. Not too much hassle. And I will be doing your point 2.
"Difficulties mastered are opportunities won."
Sir Winston Churchill
Sir Winston Churchill
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Re: Recurring Rent Charge
I've been entering rent as purchase invoice and supplier payments each month. Is it wrong to include direct debits for rent on the purchase ledger? We are invoiced each month by the landlord.brucedenney wrote:You are correct, there is no recurring PI facility.
2/ If the money is paid by DD or SO
Don't do the transaction on the Purchase ledger, do it as a recurring Bank Payment to the rent nominal account with an amount and a VAT rate.
- brucedenney
- Site Admin
- Posts: 4631
- Joined: 28 Feb 2006, 09:56
- Sage Version: v28 UK/Europe/Africa
Re: Recurring Rent Charge
It is not wrong, it is perfectly acceptable way to do it. It just means you have to enter the invoice and payment each month and can not use the recurring feature to automate it.
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
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