Add or Edit Recurring Expenses
A Recurring Expense is similar to a standard expense. It is a cost or payment related to a property, or to operating your rentals, that reoccurs on a regular basis. Local council rates, property taxes, mortgage payments, or payments to regular service providers, such as a gardener.
Add a New Recurring Expense
- To add a new Recurring Expense, go to the Properties or the Expenses screen.
- Click on the drop-down beside the Add Expense
 button and select Add Recurring Expense. Or, in the Expenses screen, right-click and select Add Recurring Expense.
- The Recurring Expense Details screen displays.
- Complete the Recurring Expense Data by typing or selecting the information into each field.
- If a data field is yellow, that data is required for the Expense record. If a data field is white, that data is optional.
- When all the data required/available is entered, click OK.
- The Expense data is saved. The Expense is assigned to the selected Property and displays in the Expense screen. It is also included in Reports.
Edit an Expense
- To Edit a Recurring Expense, go to the Expenses screen
 .
- Find and select the Recurring Expense in the Expense list. You can filter to view only Recurring Expenses.
- Click the Edit Expense button
 .
- RPM asks if you want to:
- Edit one occurrence of the expense
- Edit the entire series of occurrences of the expense
- Cancel editing the expense.
- Select your option.
- The Expense Details screen displays.
- Edit the details, then click OK. The changed Expense data is saved.
Recurring Expense Details Screen Values
- Property - Select the Property to which the Expense is linked.
- Category - Select the category for the Expense.
- Description - A brief description of the Expense.
- Payee - Person or business receiving the Expense.
- Amount - Amount of the Expense.
- Reference - Account number or other reference for the Expense.
- Starts - Date when the Expense was paid.
- Repeats - How often the Expense repeats. Click the icon in this field to edit the repeat frequency.
- Active - Check this box if the expense is active, i.e., currently being paid.
- Notes - Enter any notes about the Expense.
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