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Park An Invoice

Parked invoices are incomplete invoices that do not impact financial reports until they are completed and posted. An employee is entering an invoice in SAP but is missing a cost center for one item. The employee parks the incomplete invoice to save the entered data without posting it, allowing the missing information to be added later before posting. Parked documents allow incomplete documents to be entered and saved in SAP without running validation checks, and can be supplemented, checked, and posted at a later time when complete.

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Shrey Kanherkar
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293 views8 pages

Park An Invoice

Parked invoices are incomplete invoices that do not impact financial reports until they are completed and posted. An employee is entering an invoice in SAP but is missing a cost center for one item. The employee parks the incomplete invoice to save the entered data without posting it, allowing the missing information to be added later before posting. Parked documents allow incomplete documents to be entered and saved in SAP without running validation checks, and can be supplemented, checked, and posted at a later time when complete.

Uploaded by

Shrey Kanherkar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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A 

Parked invoice is an invoice which has been entered (usually an incomplete


one) but is yet to be posted in your books so as to have an accounting impact.
Therefore, parked invoices are incomplete invoices which do not affect the
profit and loss account and balance sheet.

An employee in financial accounting is currently entering documents in the


SAP ERP application. One of the documents that the employee is dealing with
consists of 10 line items. The cost center for item nine cannot be determined
exclusively from the documents. The employee cannot save or post the
document because it is incomplete, so the employee must assign the general
ledger (G/L) account to a cost center. If the posting procedure is interrupted,
then the employee will need to re-enter the data.

Parking documents allow users to retain entries without performing complete


FI posting.
Document parking enables you to enter incomplete documents in the SAP
ERP application. With document parking, you do not have to run extensive
input checks on incomplete documents.
Parked documents can be supplemented, checked, and posted later on. No
data, such as transaction figures, can be updated when parking documents.

Parked documents can be completed, changed, posted, and deleted at a later


point in time.
Parked documents must be complete in order to turn them into correct FI
postings. You need to delete the parked documents that are no longer
required.

The document parking feature does not support substitutions. If you need to
use substitutions with parked documents, you must first turn them into
accounting documents.
The Park Document functions are more effective than the Hold Document
functions. Many companies use document parking to implement the dual-
control principle. Authorizations allow you to model areas of responsibility.

Park an Invoice – Your Company receives a large volume of incoming


invoices. Sometimes these invoices have missing information. For this reason,
you must be able to park an invoice in SAP.

First you will post this invoice. While entering the invoice, you will notice that
you are missing information about how to post the processing charges for the
changes to the contract. Then you will switch to document parking and save
the parked documents.
1. Park an Invoice -
Click Logistics ---- > Materials Management ---- > Logistics Invoice Verification
---- > Document Entry --- > Enter Invoice
After consulting with the purchaser, you will post the charges as unplanned delivery costs.
Then you will complete the parked document and post it
Finally, you will be able to post the parked invoice and you can see the
accounting document.

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