These documents are used to post transactions at frequent intervals with certain start date and close date .i.e. payment of interest on borrowed funds, payment monthly rents, or any nature of that type. The prerequisite condition to open the recurring document is as under.
- 1. Define number range interval for number range: X1(number object) in FBN1 transaction code.
- 2. Creation of recurring document: without run schedules:
Path: Accounting-financial accounting-general ledger accounting-document entry-reference documents-recurring documents FBD1
- Give the first run on date: 010406
- Last run on date: 010307
- Interval: 01 monthly (selection help available)
Run date: 30 actual run dates. Give the document type and select the other options if required. And give the general ledger account line item one and line item two and save the recurring document. We can post the transactions as a part of period end closing operations either manually or through schedule manger.
