How do i set up recurring Invoices- and can i have recurring sales orders as well?

How do i set up recurring Invoices- and can i have recurring sales orders as well?

I see this is an option, but i cant find out how: how do i create recurring invoices?

It would also be of tremendous help if i had a action for reccurring sales orders and an option for automating sales orders to invoices in bulk- is there an option or workaround for this?