The premise behind preliminary posting is that you can begin entering an invoice and temporarily park it without carrying out all the requisited entries. The system does not reflect the posting in the monthly debits and credits of the account that you are analyzing. However, you can still monitor the parked document as an open item. Parked documents can be completed, checked and then posted at a later date - even by a different data entry clerk.

Preliminary Posting is available in accounts payable, invoice verification, accounts receivable and general ledger and asset accounting. The example used in this script is an FI accounts payable invoice being put on hold.