Accounting & General Ledger

3. Contra, Capital and Recurring Transactions

Contra and capital entries

Contra and Capital Entries (ContraEntriesPage) handle two specific flows with explanatory guidance built into the page. The transfer-funds flow moves money between accounts, and the capital-investment flow records owner or investor capital coming into the business. Presenting these as guided flows reduces the chance of mis-posting common but structurally specific transactions.

Recurring transactions

Recurring Transactions (RecurringTransactionsPage) automate repeating postings. The system can schedule auto-posting using day-of-week and day-of-month rules, and a backend job runner executes the schedule. Supported frequencies include Daily, Weekly, Bi-weekly, Monthly, Quarterly, Semi-annually and Annually. Recurring definitions can automate invoices, bills and journal entries.

Configuration and tracking

Each recurring definition carries configurable start and end dates and a total-occurrences count, plus day-of-month or day-of-week scheduling and an auto-post option for hands-off posting. The system keeps a generation-history trail with a status on each generated item, recorded as generated, posted or failed. Operators can also process due transactions on demand rather than waiting for the scheduler. A typical workflow is to define the template, set its frequency and date bounds, decide whether to auto-post, and then monitor the generation history to confirm each occurrence posted successfully.