Memorized transactions can be another major time saver. You might use them when you, for example:
- Provide the same service for a customer on a regular basis,
- Charge a monthly fee for rentals, maintenance, membership, etc.,
- Pay a bill to the same company regularly or
- Have a standing order with a vendor for a similar set of items.
It’s easy to create memorized transactions. QuickBooks provides an icon for them in the toolbar of every transaction form that’s supported, like invoices, bills, and purchase orders.