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Well, I just use MS Money and that tells me when to pay bills :p
But to answer your question, you can create it as a task or you can create it on your calendar. To make it as a task, just open tasks, hit the new button on the button left of the screen, then put in the subject. Change the start date to the first occurrence, then go to the ‘occurs’ field and change it to "day x of every month". x = the day you want it to be due. Make sure reminder = remind me, and hit ok. In tasks, every time you check it as done, it will automatically create a new one. Making an appointment in calendar is the same exact way
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