To set a product as recurring product please follow the steps mentioned below:

  1. Login with Admin credentials.
  2. Go to Administration section.
  3. Go to Catalog > Products > Manage Products, click it.
  4. Search for the product that has to be set as recurring.
  5. Click the Edit link in front of the product.
  6. Scroll down the page, check Recurring Product box.
  7. Next, select cycle length, cycle period and total cycles. Cycle length indicates the number of times that cycle will be run. Cycle Period indicates the duration of the next payment after order placed and it has only three options i.e. Weeks, Months and Years. Total cycles indicates number of the times that product will be recurred.
  8. Set monthly recurring product of one year set as follows: cycle length: 1, cycle period: months, total cycles: 12  
  9. Click Save.

Important Note: To process recurring payment, product has to be set as recurring product.