Which of the following is NOT a type of recurring transaction?

Recurring transactions in QuickBooks are used to automate regular billings or payments, making it easier to manage cash flow and maintain consistent accounting records. Invoices, sales receipts, and checks can all be set up as recurring transactions. This feature is particularly useful for businesses with regular billing cycles, such as subscription services or monthly lease payments.

Invoices can be automatically generated for regular customers at specified intervals, ensuring timely billing without requiring manual entry each time. Similarly, sales receipts can be pre-scheduled to record income from repeat sales in a straightforward manner. Checks can also be automated for recurring expenses, such as rent or utility payments, simplifying cash management.

In contrast, inventory adjustments are typically made on a one-off basis in response to changes in inventory levels due to various factors such as loss, damage, or discrepancies during stocktaking. They do not follow a predictable schedule, and therefore, do not lend themselves to a recurring transaction setup. This is why inventory adjustments are not classified as a type of recurring transaction. Understanding this distinction can help users effectively manage their transactions and set up their QuickBooks for optimal performance.