How To Automate Recurring Transactions In Google Sheets? (Sheetify Bookkeeping)

Attention all Sheetify Bookkeeping users, I have big news! There’s a brand-new, exciting feature I just know you’re going to love!

Sheetify Bookkeeping’s latest game-changing feature, Recurring Transactions, is essentially a central place where you can store all your recurring transactions.

By using the recurring transactions feature, you can automate your recurring income and expense transactions in one place, right inside your Sheetify Bookkeeping toolkit!

Ultimately, the recurring transactions feature saves you from manually entering the same payments every month, saving you both time and energy.

So, how can you automate recurring transactions in Google Sheets and Sheetify Bookkeeping?

Click here for an in-depth visual guide on how to automate recurring transactions in Sheetify Bookkeeping.

Here’s how to set up recurring transactions in Sheetify Bookkeeping:

Open the latest version of your Sheetify Bookkeeping template (if you haven’t purchased Sheetify Bookkeeping, you can do so here).

• Select the ‘Recurring’ tab (located at the bottom of your Sheetify Bookkeeping template).
• Click ‘Time of recurring’.
• Set the time of the day you want your recurring transactions to automatically post from the drop-down list (e.g, 10 for 10 am or 17 for 5 pm).
• Once you’ve successfully set the recurring transaction time:
• Go to the top menu and click ‘Sheetify.’
• Select ‘Enable Recurring’ from the drop-down menu.

Tip: If you ever need to adjust the trigger time, return to ‘Sheetify  > Disable Recurring’ from the top menu, update the time, and then re-enable it again.

You can also always turn off the recurring transactions feature by simply disabling it.

Now you’re ready to set up each individual recurring transaction entry! To do this:

• Go back to your ‘Recurring’ sheet.
• Choose the correct type of recurring transaction (income/expense).
• Select the relevant item/product/service name.
• Pick the correct category (based on your setup).
• Enter the value (taxes will automatically apply based on your tax setup).
• Adjust or remove any tax or fees if needed.
• Add a reminder or description if required.
• Below ‘Day of the month’, choose the specific day your transaction should occur (for example, the 15th of every month).

If you choose a date that doesn’t exist in a particular month (like February 30th), Sheetify Bookkeeping will automatically post the transaction on the last valid day of that month.

And that’s it! Once everything’s been set up, your recurring transactions will automatically post to your Income or Expenses tab every month on the day and time you’ve specified.

With this automation in place, you’ll never have to remember to re-record regular payments! The result? Your bookkeeping will stay consistent, accurate, and streamlined!

Note: Currently, this feature supports monthly recurring transactions only, but don’t worry, we are working on including weekly and yearly recurring transactions soon!

Read more: How to use Google Sheets for bookkeeping?

Are you tired of entering the same payments or invoices in your Google Sheets spreadsheet every month?

Sheetify Bookkeeping’s recurring transactions feature is about to become your new best friend.

The new ‘Recurring’ tab is designed to automate your routine bookkeeping transactions, ensuring all your regular income and expenses run smoothly in the background.

Here’s why setting up recurring transactions is a game-changer for small businesses:

• Everything is located in one place: Instead of digging through multiple tabs, the ‘Recurring’ sheet provides a single spot to manage all repeating transactions, keeping your books clean, organized, and easy to monitor at a glance.
• No more tedious manual data entry: You no longer need to re-type the same expense into your Income or Expenses tabs every month! Once you’ve set it up as recurring, Sheetify automatically logs it for you!
• Hands-free monthly updates: After you choose your trigger time and date, Sheetify takes care of the rest. Each month, at your scheduled time, your recurring income or expense is automatically added to your template, complete with the correct category, tax, and any fees you’ve set up!

Basically, automating your monthly recurring transactions in Sheetify Bookkeeping means your regular bills, subscriptions, and payments are always recorded on time.

It’s seriously the smartest, fastest, and most accurate way to manage your recurring finances right inside Google Sheets!

Check out Sheetify Bookkeeping’s range of tools and features here.

Sheetify Bookkeeping takes the complexity out of small business accounting by turning Google Sheets into a powerful, all-in-one bookkeeping system.

Built specifically for small businesses and micro teams that want clarity and control, Sheetify Bookkeeping has everything you need to effectively manage your business finances. 

All without the steep learning curve (or cost) of traditional bookkeeping software!

From tracking income and expenses to automating invoices and setting financial goals, Sheetify Bookkeeping can do it all in one easy-to-use spreadsheet.

Sheetify Bookkeeping comes with a built-in Google Apps Script to keep your numbers accurate, along with pre-made sheets, headers, automations, formatting, and more.

Even better, Sheetify Bookkeeping works hand in hand with your favorite Google tools like Docs, Forms, and Tasks.

The reward? A smooth and connected workflow that fits right into how your team already works.

And here’s the best part: you only pay once. For just $57, you get lifetime access to all features, updates, and improvements with zero monthly fees or hidden costs.

With its automation-first design, seamless Google integration, and unbeatable value, Sheetify Bookkeeping is the ultimate bookkeeping solution for growing teams.

Grab yourself a copy of Sheetify Bookkeeping here.