What is a recurring payee, and how do I set one up?
A recurring payee is one in which the system will automatically generate payments for that payee, for the same time(s) each month, for the same amount. You do not have to manually add payments for a recurring payee; the system does it for you. To add a recurring payee, you simply need to add the payee with the required fields, and then click on the appropriate box to indicate the payee will be recurring. The next screen will present you with four options for payment frequency: monthly (once per month); bi-monthly (twice per month); bi-weekly (every two weeks) and weekly. After selecting the frequency, you must choose the due date of the payment(s), and amount. Depending on the frequency you choose, you may have between one and four payments added initially. From that point forward, the system will automatically add payments at the frequency you designated.
