Inventory tracking and accounting system and method
OwnerBarbara Jean Church, James Todd Ralston +2inventors
InventorsBarbara Jean Church, James Todd Ralston, Timothy John Dominy, Bradley Paul Gile
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Abstract
A system and method track inventory composed of a plurality of items is provided. The system and method includes the steps of establishing ownership of a first number of the items by a first owner, establishing ownership of a second number of the items by a second owner, disposing of one of the items in a transaction, and establishing ownership of the disposed one of the items as a function of a parameter of the transaction.
Claims26
A method for tracking inventory composed of a plurality of items, including the steps of:
- establishing ownership of a first number of the items by a first owner;
- establishing ownership of a second number of the items by a second owner;
- disposing of one of the items in a transaction;
- and,
- establishing ownership of the disposed one of the items as a function of a parameter of the transaction.
A method for tracking inventory composed of a plurality of items, including the steps of:
- placing a first portion of the items at a first location;
- placing a second portion of the items at a second location;
- establishing ownership of a first number of the first portion of the items by a first owner;
- establishing ownership of a second number of the first portion of the items by a second owner;
- establishing ownership of a third number of the second portion of the items by the first owner;
- establishing ownership of a fourth number of the second portion of the items by the second owner;
- disposing of one of the items in a transaction;
- and,
- establishing ownership of the disposed one of the items as a function of a parameter of the transaction;
- and,
- adjusting one of the first, second, third, and fourth numbers as a function of the established ownership of the disposed one of the items.
A system for tracking inventory composed of a plurality of items, comprising:
- a database for storing inventory data;
- a controller coupled to the database and being adapted to establish ownership of a first number of the items by a first owner, establish ownership of a second number of the items by a second owner, dispose of one of the items in a transaction, and establish ownership of the disposed one of the items as a function of a parameter of the transaction.
Dependencies are inferred from the claim text.