The section "Considerations for Closing a Period of Payables" provides a list of activities to consider before closing a period of payables.
Complete and approve all transactions and payment files, reconcile payments to bank statements, transfer all approved invoices and payments to the general ledger, submit the Unaccounted Transactions and Sweep process, close the current Payables period, reconcile Payables activity for the period, and open the next Payables period.
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What should be done before the period ends?