MyCake has a very useful function for all these regular payments that you make by direct debit or standing order. Here’s how to activate it:
- Set up or select your supplier and then go to Purchases > Repeat purchases > Add repeating purchases and follow the instructions.
- If you choose to include a payment, the invoice will be marked as paid when it’s processed.
- If you don’t tick the “include payment” box you will get an email reminder in your inbox to go and enter payment details manually.
Don’t forget to write the KF code on the receipt hard copy for your records.
You can only set up repeat purchases for future transactions and they will only be created as time goes, not in advance.