It says "everywhere" that one should shut down virtual machine to change memory allocation. But there is no explanation whatsoever how to do that. So I had to search myself. After a long time I eventually found this way to do it: Click parallels icon actions shut down Wait while windows turns off Wait for black Windows window to turn up on the screen click tools icon hardware CPU & Memory Change the amount of memory Voilá!
Really glad that you found how to do it and shared the resolution as well! We believe that this article states the same too. Please reply if you need further support.
Then you did not understand my frustration and the reason for my post. This is what is found on the page that you refer to: i.e. you get no explanation on how to shut down the virtual machine. That was my problem which I eventually found the solution to. It is quite frustrating when the mot essential information lacks for users like me, users that hasn't been fed with parallels through the breast milk!