Recurring Expenses

Recurring Expenses

For costs that repeat on a regular schedule, set up recurring expenses to save time and ensure nothing is missed.

Setting Up a Recurring Expense

1. When recording an expense, toggle Recurring on.
2. Configure the schedule:
   • Frequency — Monthly, quarterly, or annually.
   • Start Date — When the recurring expense begins.
   • End Date — Optionally set when it should stop (leave blank for indefinite).
3. Fill in the other details (amount, category, property) as normal.
4. Click Save.

How It Works

Latch automatically creates a new expense entry on each scheduled date. You will receive a notification when a recurring expense is generated, so you can review and attach a receipt if needed.

Managing Recurring Expenses

From Expenses > Recurring, you can:

• View all active recurring expenses.
• Edit the amount, category, or schedule.
• Pause a recurring expense temporarily.
• Cancel to stop future entries (past entries are preserved).

Common Recurring Expenses

• Monthly management fees.
• Quarterly insurance premiums.
• Annual gas safety inspections.
• Monthly utility bills (if landlord-paid).

Tip: Review your recurring expenses quarterly to ensure amounts are still correct, especially after contract renewals.