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What is park document and held document? (Differences)
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Answer Posted / sandhya
held document:if there are missing of debit or credit
vouchers in a document,that cannot be posted.so up to
receiving of that required voucher we wll post that
document as held.
park document:example:in a company always puchase
transactions will takes place.but if in a particular month
the purchases are increased than the previous months.then
such posting of documents we have to get permission from
higher officals.so up to recieivng of permission those
documents will be parked.
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