Closing the month in AP means making sure every bill for the month is entered, approved and coded and the payables balance ties out.
Before you start
- General ledger and AP roles
The Dynamics 365 Finance way
Where to find it: Ledger calendar and vendor settlement
- Post and approve invoices.
- Post payments and settle.
- Run vendor aging and vendor open transactions.
- Put the ledger period On hold or Closed.
Good to know in Dynamics 365 Finance
- If a posting date is in a closed or on-hold period, the date can move to the next open period.
The Pulsify way
- Clear the Pulsify queue: approve, reject or archive each bill waiting.
- Forward missing bills from suppliers to your Pulsify address.
- Reconcile key supplier statements in Pulsify.
- Then run reports and lock the period in Dynamics 365 Finance.
Pulsify connects to Dynamics 365 Finance. We set up the connection for you.
What Pulsify does not do here
- Pulsify does not post accruals.
- Aged payables and period locks are in Dynamics 365 Finance.
Common mistakes
- Closing the ledger period before invoices are posted and approved.
- Not noticing that a posting date can move to the next open period.
More help
- How to close the month in accounts payable in Kinetic
- How to close the month in accounts payable in IFS Cloud
- How to close the month in accounts payable in CloudSuite Industrial
- How to run the Vendor aging report in Dynamics 365 Finance
- How to check GST coding on vendor invoice records in Dynamics 365 Finance before you lodge your BAS
- All Dynamics 365 Finance how-to guides
- Pulsify setup guides
Sources
Last checked 2026-10-19. Confidence: partial.
Common questions
What steps close the month in accounts payable?
Post and approve invoices, post payments and settle, run vendor aging and vendor open transactions, then put the ledger period On hold or Closed. No single AP close checklist page was read.
What happens to an invoice dated in a closed period?
If a posting date is in a closed or on-hold period, the date can move to the next open period.
How do I see what is still open?
Run the vendor aging report and vendor open transactions.
Does Pulsify lock periods?
No. Lock the period in your accounting system.
Pulsify setup guides
Want this done for you?
Book a call to see how Pulsify handles supplier bills in Dynamics 365 Finance.