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Are you open to the idea of making recurring transactions a subset of transactions? Instead of having a dedicated place in the UI with a separate create and update flow, it may be better for all transactions to have a recurring interval as an option. This loops in issue #5 as well.
You should be able to easily create a recurrence from a transaction. It would prefill everything except the recurrence field.
This would also be the way to create a recurrence when it would involve an account that has not been created yet.
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