Park & Hold

[Former Member]

Hi,

1. Kindly explain Park functionality in purchasing document.

2. Kindly explain Hold functionality in purchasing document.

3. Kindly explain the difference between Park and Hold.

4. Kindly explain the uses of Park & Hold functionality in Procure to Pay.

Looking forward for the inputs and feedback.

Thanks & Regards,

Ashish

[Former Member]

Hi

In Purchasing document you will have only hold Functionality.

Hold will allow the user to create the Purchase order , but it will not allow you to Process it further like for Approval or Printing .

The GR documents can also be put on hold for later processing

In Invoices we have the Held & park functionlaities

Held is similar to the above , if you have not completed the document you can hold the document

You can park invoices or credit memos. This means that you enter the invoice data or credit memo data in the system and save it in a document, but the system does not post this invoice initially.

You can change a parked document as often as you wish, for example, by adding or correcting data. The changes are logged. When you have finished changing the document, you can post the parked document. Only when you post an invoice or credit memo, does the system carry out the normal account movements and make the necessary updates.

The aprk functions are used where an accounting clerk parks the invoice & the supervisor posts the invoice.

Thanks & Regards

Kishore

[Former Member]

1Kindly explain Park functionality in purchasing document.

Ans : When invoice is being verified you have entered all the data ,you want some clarification from purchase dept ,so you can PARKING the document. In this Material document is created. But Accounting Document is not created.You donu2019t want to enter the data again

2. Kindly explain Hold functionality in purchasing document.

Ans : When you are HOLDING the data ,both accounting document and material document is created. You can see the P.O history. You can POST the document later in MIR7

3. Kindly explain the difference between Park and Hold.

PARK : Accounting Document not created

HOLD : Accounting Document created.

4. Kindly explain the uses of Park & Hold functionality in Procure to Pay.

Already explained.

G.Ganesh Kumar