Recurring expenses
Mark an expense that repeats (rent, subscriptions, insurance) as recurring and Frihet creates a copy on each due date.
Create a recurring expense
- Go to Expenses and click Add Manually (or open an existing expense to edit it).
- Fill in the expense details: vendor, amount, category and tax.
- Tick the Recurring expense checkbox.
- Choose the Frequency: weekly, biweekly, monthly, quarterly or annual.
- Set the Next date and, if you want, an End date (optional).
- Save the expense.
Frihet has no separate recurring-expenses screen: the original expense works as a template and appears in the Expenses list.
How occurrences are generated
Every day, Frihet checks the recurring expenses whose next date has arrived and creates a new expense with the same data, without the recurring flag. It then updates the template's next date according to the frequency. When the end date passes, or the maximum number of occurrences is reached if there is one, the recurrence is switched off.
Edit or stop a recurring expense
- To change the amount of upcoming occurrences, edit the template expense. Expenses already created do not change.
- To stop the recurrence, open the template and untick Recurring expense, or set an End date.
Variable-amount expenses
If the amount changes every month, like electricity or water, record each expense when the bill arrives, or create the recurring expense with an approximate amount and correct each occurrence with the real amount.
Cash flow forecast
Future recurring expenses are included in the cash flow forecast: go to Reports → Cash Flow tab. The expenses that are generated are regular expenses for tax purposes.