Don't hold your breath for this feature - It's bad for mental heath. This feature has been requested for at least 10 years.

Check the start of this thread. I created a request poll that replace the one that "was lost" when they upgraded to the suggestion system. That's a shame, but things happen - so I re-created it with the new system (in 2019). Now that too was "lost in an upgrade". Try clicking on my feature where you will see it's been deleted or locked or something.

This new "feature request" with 8 votes or whatever is literally the 3rd poll I've personally voted on for this 1 feature.

If you're stuck in QBO. Then create 12 invoices one per month and have them recured annually. It's a stupid hack, and you can't print the year on them, but clients will probably figure it out.

If your business is focused on recurring revenue, then consider leaving QBO. Xero, Zoho, Wave accounting, and Freshbooks (they had it 15 years ago) all have this feature.