HOW-TO

How to close the month in accounts payable in MYOB Business

Short answer

In MYOB Business, enter and approve all bill records dated in the month, accrue goods received, reconcile the Unpaid bills report to the ledger, then lock the period.

Last checked

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

  • Administrator role to set the lock date

The MYOB Business way

Where to find it: Business settings > Lock date

  1. Enter and reconcile bills and bank feeds for the month.
  2. Run Unpaid bills and agree it to the payables account.
  3. Click your business name > Business settings > tick Prevent changes prior to the lock date.
  4. Enter the lock date and save.

Limits in MYOB Business

  • Only an administrator sets the lock date.

Words MYOB Business uses

  • Lock date. A date before which no one can change transactions.

The Pulsify way

  1. Clear the Pulsify queue: approve, reject or archive each bill waiting.
  2. Forward missing bills from suppliers to your Pulsify address.
  3. Reconcile key supplier statements in Pulsify.
  4. Then run reports and lock the period in MYOB Business.

Pulsify connects to MYOB in one click. Approved bills are created in MYOB with the source file attached.

What Pulsify does not do here

  • Pulsify does not post accruals.
  • Aged payables and period locks are in MYOB Business.

Common mistakes

  • Locking the month before bills and bank feeds are reconciled.
  • Trying to set the lock date without the Administrator role.

More help

Sources

Last checked 2026-10-19. Confidence: confirmed.

Common questions

How do I set a lock date in MYOB Business?

Click your business name and go to Business settings. Tick Prevent changes prior to the lock date, enter the date and save.

Who can set the lock date?

Only an administrator sets the lock date.

What should I do before I lock?

Enter and reconcile bills and bank feeds for the month. Run Unpaid bills and agree it to the payables account.

Does Pulsify lock periods?

No. Lock the period in your accounting system.

Pulsify setup guides

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