<topic sku="core" tNum="288269" author="" xmlns="x-schema:hhTopicSchema.xml"><index><title>Create an automatic payment (Apay)</title><category fLocale="cdn">bills</category><klink type="prcdr">How do I create an automatic payment (Apay)?</klink></index>
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<tease>Why?</tease>
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<p>When you set up a bill as an <glossary>Apay</glossary>, you don't have to remember to pay that bill again. You only need to set up an automatic payment once. After that, your bank will make the payment automatically and on time and will download the transaction to your account register. (Availability of automatic payments depends on your bank.)</p>
<p>You can use Apays to pay bills that have a fixed <glossary>frequency</glossary> and a fixed amount, such as car and mortgage payments.</p>
<li>Click <emph>New</emph>, and then click <emph>Bill</emph>.</li>
<li>Enter the payee details, including the payee address and your account number. If you do not have an account number with this payee, enter your name in the <emph>Account number</emph> box.</li>
<li>Select <emph>Automatic payment (Apay)</emph> as the <emph>Payment method</emph>. You will be reminded to choose an end date, click <emph>OK</emph>.</li>
<li>Enter the amount, the next payment date, and the frequency of the payment. If you want to keep track of your category spending, assign a category as well.</li>
<li>To have the payment automatically recorded, select the <emph>Automatically enter transaction into my register the following number of days before the due date</emph> check box and enter the number of days. Otherwise, the payment will be recorded after it clears your bank and you download the transaction.</li>
<li>If you know how many payments you need to make, or the date of the final bill, select the <emph>This series will end at some point in time</emph> check box. Then enter either the total number of occurrences, or the date of the final occurrence. Remember that if you do not provide this information, the Apay will continue indefinitely (until you cancel it).</li>
<p>This process creates an automatic payment instruction that is immediately sent to your bank if you are connected to the Internet. If you are not connected, you are asked to either connect or save the payment to send later. If you choose to save it to send later, it will go to the list of transactions on the <emph>Manage scheduled bills and deposits</emph> page, and you will need to send it the next time you are online.</p>
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<tease>Why can't I set up Apays?</tease>
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<p>If you're not set up for online services, you'll need to do so before you can schedule an Apay. <alink type="prcdr" href="Setuponlineservices.xml"/></p>
<p>If you're still unable to schedule an Apay, it may be that your bank doesn't support this feature. Not all banks that offer online bill payment support Apays. Check with your bank to find out about its services.</p>
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<tease>What happens after I send the Apay to my bank?</tease>
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<p>The next time you connect to your financial institution, Money automatically enters all Apays that your bank has scheduled into your account register. Depending on how far in advance your bank schedules its Apays, you may have time to cancel an individual payment once it appears in your register. If you need to cancel an Apay, it is recommended that you do so before it appears in your account register.</p>
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<tease>Will an automatic payment happen even if I don't connect to my bank?</tease>
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<p>Yes. Once you set up an automatic payment and send it to your bank, your bank withdraws the necessary funds from your account and pays the bills when they're due, whether or not you connect online regularly. Therefore, it's important that you remain aware of your account balance and keep enough money in your account to cover the automatic deductions. </p>
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<tease>Can I set up an Apay to make a transfer?</tease>
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<p>Yes. When you set up the Apay, click <emph>Transfer</emph> instead of <emph>Bill</emph>, and then select <emph>Automatic Payment (Apay)</emph> as the payment method.</p>
