If you are using Microsoft Money (2005 versions and later) using the 'essential bills and deposits' view, only recurring debits can be created in the bills and deposits area.
To allow you to create recurring deposits and recurring transfers, you need to switch to the 'advanced' version of the bills and deposits area. To do this, click on the 'Change Bill Settings' option on the left, and then switch to it.
The 'essential' bills and deposits area is a feature which is NOT present in the UK version of the product.
Keywords: transfer, deposit, recurrence