US 2017/0287078 A9 · COMPUTERIZED ACCOUNTING INFORMATION SYSTEM AND A METHOD OF PROCESSING ACCOUNTING DATA

Abstract

The present disclosure describes various embodiments, as well as features and aspects thereof, of a computerized accounting information system that comprises a data entry module, a command receiving module and a processing module. The computerized accounting information system configured to receive data entries relating to various transactions and complying with various accounting standard. The present disclosure also describes various embodiments, as well as features and aspects thereof, of a method of processing accounting data that comprises the actions of receiving data entries for a variety of types of data fields that comply with a variety of accounting standards. The described embodiments and aspects provide a computerized accounting information system, and a method of processing accounting data, that can more efficiently and effectively process accounting data entries and that can produce analytical financial accounting actions.

Claims20

Dependent claims

A method of processing accounting data in which individual data entries for a transaction are entered in compliance with a default accounting standard and, optionally, one or more other accounting standards, the method comprising the actions of:

receiving a data entry for a first type of data field, wherein the data entry complies with a default accounting standard;
receiving a data entry for a second type of data field, wherein the data entry complies with the default accounting standard and at least one other accounting standard;
and
receiving a command to perform an action, the command identifying an accounting standard;
if the identified accounting standard is the default accounting standard then performing the action utilizing one or more data entries that comply with the default accounting standard;
and
if the identified accounting standard is the at least one other accounting standard then performing the action utilizing one or more data entries that comply with the at least one other accounting standard, if available, otherwise utilizing a data entry that complies with the default accounting standard for each of the one or more data entries that is unavailable in the at least one other accounting standard.

4 more elements

A computerized accounting information system for storing, managing, comparing and reporting financial accounting data entries, wherein the data entries are in compliance with a default accounting standard and, optionally, one or more other accounting standards, the system comprising:

a data entry module;
a command receiving module;
a processing module, communicatively coupled to the data entry module and the command receiving module and configured to:
receive a data entry from the data entry module, the data entry relating to a first transaction and, wherein the data entry complies with a default accounting standard;
receive a data entry from the data entry module, the data entry relating to a second transaction, wherein the data entry complies with the default accounting standard and a non-default accounting standard;
receive a command from the command receiving module, the received command requesting an action to be performed and identifying an accounting standard;
and
perform the action based, at least in part, on the identified accounting standard such that:
if the identified accounting standard is the default accounting standard then the processing module utilizes one or more data entries that comply with the default accounting standard;
and
if the identified accounting standard is the non-default accounting standard then the processing module utilizes one or more data entries that comply with the non-default accounting standard, if available, otherwise the processing module utilizes data entries that comply with the default accounting standard for each of the one or more data entries that is unavailable in the non-default accounting standard.

8 more elements

Dependencies are inferred from the claim text.

Computerized accounting information system and a method of processing accounting data

Life of this patent

Computerized accounting information system and a method of processing accounting data

Life of this patent

Abstract

Claims20