TimelyBills app provides an easy way to set up bill reminders for your auto-paid loan or credit card recurring payments. It will also adjust the account balance accordingly.
Please follow these simple steps to create auto-paid recurring bills:
- Go to Dashboard > Bills.
- Tap on the + icon to create a bill.
- Select Credit Card or Loan as the category.
- Provide other details like date, title, etc.
- Select the repeat option, it can be customized based on your needs (monthly, bi-monthly, weekly, bi-weekly, etc.).
- Enable the Auto Paid option: This toggle will make the bill as auto paid bill.
- Now select the account from which you want the auto payment to occur.
- Now select the account to which you want this auto payment to occur. This only gets enabled when auto paid toggle is on.
- Select the option Add expense entry for this payment if you want to automatically create an expense entry for this auto bill payment.
- Finally click on the right icon at the top-right to save the bill after entering all necessary details.
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