The [Hole punch] option allows you to define the punch type for one or more pages.
Select the pages for which you want to define a punch type. You have to select all pages when you want to define punching for the entire document.
Click [Pages] - [Hole punch].
Define the punch type. Select a punch type which matches the capabilities of your finisher.
A punch type, which is shown in grey in the menu, is in use in the document, but is not configured in this application.