In business, there are certain transactions, customers, or events that you encounter on a regular basis, or that occur on a recurring basis. You'd definitely want a feature that allows you to create a template for recording these types of transactions, events, and transactions in your accounting software so that you don't have to start from scratch every period.
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Memorized Transactions QuickBooks: Create, Edit, Delete, & Export Methods
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Memorized Transactions QuickBooks: Create, Edit, Delete, & Export Methods

QuickBooks memorized transaction is create by recording it as a recurring transaction. To Add, Edit or create memorized transaction in QB version follow the guide.