Odoo recurring payments account app allows you to create different types of payments, such as bills and rent, from recurring templates. These templates serve as a blueprint for generating recurring payments on a regular schedule. Once you create a recurring template with the necessary details, such as the payment amount, frequency, and duration, Odoo can automatically generate journal entries for those payments. These journal entries can be either posted or unposted (draft) depending on your preference. By using the Odoo recurring payments account app, you can streamline your payment processes, automate repetitive tasks, and have better control over your recurring payments and automatic generate journal entries.