System and method for an online profit center and segment derivation
AssigneeSap SE
InventorRadim Sykora
Life of this patent
Estimating the term…
Abstract
A system and method are described herein that provide a system for deriving profit centers and segments during reporting instead of during posting. Reference objects are stored in posted documents and the derivation of the profit center and segment occurs dependently during the later stage of reporting, after the general ledger items have been extracted. A time dependent assignment of profit centers to reference objects is immediately visible in the balance sheet and/or income statement. The system and method further allow for an easy implementation for reorganization, where reorganization may even be implemented retroactively.
Claims19
A method for deriving profit centers and segments during reporting, the method comprising:
- posting at least one document from an application on a user terminal;
- storing general ledger line items from the at least one document in a repository;
- selectively comparing the general ledger line items to reference objects classified in an assignment table;
- during a reporting stage, deriving the profit centers;
- assigning each of the profit centers to a respective reference object based on the assignment table;
- and
- generating a balance sheet or income statement from the general ledger line items based on the assigned profit centers.
A method for adjusting balance sheet and income statements as a result of a reorganization, the method comprising:
- updating an assignment table to reflect a new assignment for a profit center based on the reorganization;
- assigning the profit center to a new reference object as classified in the assignment table;
- selectively comparing a general ledger line item to the new reference object in the assignment table;
- and
- generating a new balance sheet or income statement from the general ledger line item based on the assigned profit center.
An online profit center and segment derivation system, the system comprising:
- at least one user terminal having an application that posts at least one document;
- a repository for storing general ledger line items from the at least one document;
- and
- a processor providing the following:
- selectively comparing the general ledger line items to reference objects classified in an assignment table;
- during a reporting stage, deriving profit centers;
- assigning each of the profit centers to a respective reference object based on the assignment table;
- and
- generating a balance sheet or income statement from the general ledger line items based on the assigned profit centers.
A computer system for deriving profit centers and segments during reporting, the computer system comprising:
- a processor;
- a user terminal coupled to the processor;
- and
- a memory storing executable code comprising instructions to:
- post at least one document from an application on a user terminal;
- store general ledger line items from the at least one document in a repository;
- selectively compare the general ledger line items to reference objects classified in an assignment table;
- during a reporting stage, derive the profit centers;
- assigning each of the profit centers to a respective reference object based on the assignment table;
- and
- generate a balance sheet or income statement from the general ledger line items based on the assigned profit centers.
A computer system configured to adjust balance sheet and income statements as a result of a reorganization, the computer system comprising:
- a processor;
- a user terminal coupled to the processor;
- and
- a memory storing executable code comprising instructions to:
- update an assignment table to reflect a new assignment for a profit center based on the reorganization;
- assign the profit center to a new reference object as classified in the assignment table;
- selectively compare a general ledger line item to the new reference object in the assignment table;
- and
- generate a new balance sheet or income statement from the general ledger line item based on the assigned profit center.
A computer readable medium having a computer program which is executable by a processor for deriving profit centers and segments during reporting, the computer readable medium comprising:
- an arrangement providing the following:
- posting at least one document from an application on a user terminal;
- storing general ledger line items from the at least one document in a repository;
- selectively comparing the general ledger line items to reference objects classified in an assignment table;
- during a reporting stage, deriving the profit centers;
- assigning each of the profit centers to a respective reference object based on the assignment table;
- and
- generating a balance sheet or income statement from the general ledger line items based on the assigned profit centers.
Dependencies are inferred from the claim text.