BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -You can park data relating to customers, vendors, G/L accounts, and asset accounts. There is a fast entry function for G/L accounts. For assets, you can only enter acquisitions. Furthermore, you can park tax information and special sales, but you cannot park special sales for bills of exchange or down payments.

Detailed explanation-2: -You can use document parking to enter and store (park) incomplete documents in the SAP system without performing extensive entry checks.

Detailed explanation-3: -A parked document in SAP is a document saved but not yet posted to general ledger accounts. Parked documents can be edited. SAP puts a limit on the fields that can be edited in a parked document. SAP document parking allows dual control of the document hence dual principle can be applied.

Detailed explanation-4: -Hold document is to hold the document before posting if you require any clarifications. Park document is mainly requires Approval levels. for Eg. If the user is eligible to post the document with amt $10000 and the document is for $15000 then the document is parked for approval for the next level to post.

Detailed explanation-5: -In classic General Ledger Accounting, you can also display parked documents using line item display. For this, select the Parked Documents parameter in line item display. You can display changes to parked documents both before and after the documents have been posted.