Field ID has the ability to schedule events on a recurring basis.
If a recurring schedule is set up, each time you complete the event type Field ID will automatically schedule the next occurrence of this event based on the frequency setup.
To do this you must have Manage System Configuration permission.
Recurring schedules are set up on the Asset Type level. To get started click on Setup > Assets & Events and Asset Types. Once here click on the Asset Type you wish to create your schedules for.