Automatic generation of bank deposits
AssigneeMicrosoft Corporation
InventorsKimberly Nelson, Michael Moberg, Nancy Egeberg, Scott McIntyre
Life of this patent
Estimating the term…
Abstract
An accounting system has a data file and a bank deposit generator. The data file contains a plurality of financial transactions. Each financial transaction includes associated information. The bank deposit generator is adapted to identify one or more cash-in transactions of the plurality of transactions according to selectable criteria and to associate the one or more cash-in transactions to a bank deposit transaction based on a correlation between the associated information and the selectable criteria.
Claims20
An enterprise accounting system comprising:
- a connection connectable to at least one bank to permit the enterprise accounting system to access deposit data at the at least one bank;
- a data file containing a plurality of financial transactions for access by an enterprise accounting system user, each financial transaction having associated information, and a first one of the financial transactions being associated with multiple tallied receipts;
- and
- a bank deposit generator adapted to identify one or more cash-in transactions of the plurality of financial transactions according to selectable criteria, and a first one of the cash-in transactions including the multiple tallied receipts and to associate the first one of the cash-in transactions to a bank deposit transaction that includes the first one of the financial transactions based on a correlation between the associated information and the selectable criteria.
A method for generating a bank deposit in an enterprise accounting system, the method comprising:
- accessing deposit data from at least one bank through a connection in the enterprise accounting system that is connectable to the at least one bank;
- identifying cash-in transactions within a financial transactions data file for access by an enterprise accounting system user, the identifying being based on one or more selectable criteria, the cash-in transactions including a first cash-in transaction that includes multiple tallied receipts;
- associating the identified cash-in transactions to a deposit record that includes a first deposit record that includes the multiple tallied receipts;
- and
- updating the first cash-in transaction within the data file with a deposit identifier associated with the deposit record of the first deposit.
An enterprise accounting system comprising:
- a connection in the enterprise accounting system that is connectable to at least one bank to access deposit data in the at least one bank;
- a data file of cash-in transactions and associated information for access by an enterprise accounting system user, the cash-in transactions including a first cash-in transaction that includes multiple tallied receipts;
- and
- a bank deposit generator adapted to assign cash-in transactions to a bank deposit that includes the multiple tallied receipts based on a correlation between the associated information and selectable criteria.
Dependencies are inferred from the claim text.