The Recurring Charge Sales Transaction Type is used for invoicing periodic charges. An example of its use:
- A Customer pays each month for delivery of the same quantity of firewood.
- The store keeps a copy of the Recurring Charge invoice for the wood in the separate Recurring Charges Transaction Data file (along with other monthly recurring charges transactions).
- When the transactions are due each month, the Clerk runs the Process Recurring Transactions function from the Sales Manager Special Menu to convert a copy of the Recurring Transactions into Sales Invoices.
Recurring Charges commonly provide the following functionality:
- Saves transactions to its own data file.
- Allows Credit Payments.
- Does not require Minimum Payments.
- Does not update any Inventory or Customer information.
- Does not automatically convert to any other Sales Transaction Type.
See:
Sales Manager Contents