How can I create a recurring record

Hi
I would like the CRM to create a new potential record every month automatically and associate it with a member (which is a contact type record).
The potentials are recurring payments by the members. These will also act as a history of payments by the member when they are closed.

I didn't see anything in custom functions which would potentially allow me to do this but mind you I'm a total beginner with Zoho.

Any idea if automatic recurring record creation is possible in Zoho?
If not I will figure out another way but having these payments as potentials is useful for various reasons.

Thanks!