If business is conducted on a cash basis and all current accounts are paid immediately on approval, it may not be necessary to carry the Accounts Payable account throughout the year; but when a balance sheet is prepared, it is proper to open such an account in which to enter all unpaid current accounts payable. Payment of such accounts payable should be made on regular days, weekly or monthly. In either case, all such accounts as "Pay-rolls" should be closed, if possible, a day or two before the pay day, e.g., Thursday evening if Saturday is pay day. This enables the clerical force to make out the pay-rolls in time to have them properly checked, distributed, entered, and vouched for payment. The payment of accounts on other than regular days should be discouraged, as it leads to the loss of much valuable time.