Memorized Transactions Feature
First of all, please read the name of this one slowly – It does NOT read “Create”
when you push your Memorized Transactions Speed Button, QB simply displays a list of ALL of your memorized transactions. This could be checks, auto-deposits, house payments on autodraft, general journal entries, transfers, AND what schedule you set them up for – weekly, daily, monthly, annually, bi-weekly
The big thing to remember is you MUST CREATE YOUR TRANSACTION FIRST, Then MEMORIZE IT for it to be displayed on your list of memorized transactions.
STEP 1 – Create Your Transaction – could be a check, auto-pay or deposit, transfers, statement charges (tenant rents), etc.
in this example, we are using a check made payable to worse bank for a house payment