QB Issue Resolution:

Yes in QB Online you can set up recurring transactions — one for each transaction. You cannot set up a recurring batch transaction (i.e. to generate multiple invoices that are the exact same except to multiple customers).

Resolution for Issue 'Am I correct that QB Online recurring transactions create a separate Template for each transaction vs. one template with many recurring transactions? Thank you' available: Yes (Solved).
Source: Intuit Community forum.

Am I correct that QB Online recurring transactions create a separate Template for each transaction vs. one template with many recurring transactions? Thank you: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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