Urgent payments at month end/Period close

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Hi,

We close the current period in the first week of the next month. Account for payment is set to At payment issue and clearing. We Allow payment date before the system date.
We are using Cash Management and reconcile bank statements daily.

Business sometimes need to make urgent PPRs during month end close so I am wondering what the best approach for doing that is.

If I use, say, March 4 as the example, February will still be open but both AP and GL will be closed in March, not future enterable.

Should we set the payment date to February 28th and submit the PPR, assuming that the bank statement arrives and is reconciled March 5th, the payment will be cleared and accounted for in February?