Method for outsourcing accounting functions over the internet; using an integrated system between the bank account information and the accounting records
OwnerAntonio F. Secolainventor
Life of this patent
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Abstract
A System to outsource accounting functions over the Internet system integrates the functions of a company's accounting, data processing and payroll departments, the Audit, TAX and MIS consultants, hardware, and software updating, banks reports and mail-telephone communications. The present invention liberates management and other personnel from day-to-day supervision, training, and repetitive tasks; also of keeping up-to-date and installing new tax laws, labor laws, new software, hardware. It offers consulting services in almost every business aspect.
Claims12
A method for managing third party accounting needs online, comprising:
- (a) providing to the user, a System which can be accessed and processed from anywhere at anytime through the Internet;
- (b) providing instant interactive communication between the administrator of said System and the users;
- (c) presenting information on a Web site having a plurality of modules, wherein one of the modules presents a daily reconciliation between accounting records and bank information over the Internet;
- (d) saving all of a user's historical accounting information on a database, which can be used for statistical reports, projections and comparisons;
- and
- (e) automatically reconciling a third party's bank account to its accounting records on a daily basis.
The method of claim wherein all the System's documentation, the screens, reports, instructions, etc. are completely multilingual.
The method of claim further compromising the step of integrating all said transactions into the Accounting System affecting, as appropriate, all other integrated and related modules of financial reporting, bank reconciliation, accounts receivables, accounts payable and payroll.
Dependencies are inferred from the claim text.