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You create a transaction when you record entries such as sales invoices, general journal transactions and cheques. You can change, delete or reverse these transactions—depending on how your preferences are set up.
If you have transactions that need to be entered periodically, you can set up recurring transactions. You can use these recurring transactions to store details of transactions you record regularly and to set up reminders to record them. You can also choose to record recurring transactions automatically on their due date.