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What Is Document Parking And Why Is It Important When Consideration Internal Control Procedures And "segregation Of Duties" ?

Answer»

Parking is a SAP term which means a posting (AP/AR/GL) can be temporarily saved (possibly with incomplete information) without hitting the affected ledger(s). A separate person can then release the posting to the ledger when required.

This is useful for example if junior staff are to initially enter the invoices, before their SUPERVISOR checks it and books it to the ledger.

ANOTHER popular USE is when entering GL journals with many hundreds of LINE items. The document can be partsaved allowing for completion at a later date.

Parking is a SAP term which means a posting (AP/AR/GL) can be temporarily saved (possibly with incomplete information) without hitting the affected ledger(s). A separate person can then release the posting to the ledger when required.

This is useful for example if junior staff are to initially enter the invoices, before their supervisor checks it and books it to the ledger.

Another popular use is when entering GL journals with many hundreds of line items. The document can be partsaved allowing for completion at a later date.



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