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Hi there, @lkoups.
Yes, you can select the skip option or Skip next date if you want to skip the creation of your recurring transactions to the next date.
To learn more about using or managing the recurring template in QuickBooks Online, I recommend checking out these articles:
For additional resources, while working with QuickBooks, you can also open the topics from our help articles. Here's the link: Find QuickBooks help articles, Community discussions with other QuickBooks users, video tutorials an....
If you have any other follow-up questions about recurring transactions, please let me know by adding a comment below. I'm more than happy to help. Have a good one!