Set up recurring entrie Run Frequency

Receive a requirement from user to set up recurring entries on weekly and fortnightly basis, do we have the option to set up Run Frequency on week and fortnight, as I could see only monthly.

Yes, there is a solution. You will have to perform three steps:

Step 1. Use transaction OBC1 and define the run schedule for e.g. TEST.

Step 2. Use transaction OBC2 and maintain run dates you want for the scedule defined above.

Step 3. Use transaction FBD1 to create recurring document and enter the Run Schedule you defined in step 1