When you click the Delete button on the Recurring Transactions form, you will get a message warning you that you are about to delete the selected recurring transaction. You have the option at this point to cancel or go ahead and delete the selected recurring transaction. If you confirm that you want to delete the selected record, VisionCore will delete it and there will be No way of retrieving that record again.
The Delete button can be disabled so that other users can't delete any of the Recurring transaction records. You can enable or disable the Permission checkbox in the Security form, Form Permission Tab.