Real-time accounting using wireless traffic control
First Claim
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1. A method for real-time accounting using a networked computer system, the method comprising:
- detecting a purchase request issued to a computer system via a network;
determining a method of payment for the purchase;
obtaining a guarantee for the payment via the network, wherein the guarantee is based on the type of payment specified for the purchase; and
recording the payment as income in a general ledger database, wherein said determining, said obtaining, and said recording are performed substantially in real time.
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Abstract
A method for real time accrual basis accounting may involve detecting a purchase made via a computer network and obtaining a guarantee for the payment via the network based on the determined method of payment. The guarantee may be an escrow account or an insurance policy that guarantees payment. The premium may be charged back to the client. At least a portion of the proceeds of from the sale may be recorded as income in a general ledger database in real time. Network-enabled assets may provide automated depreciation updates to further automate the accounting process.
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Citations
30 Claims
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1. A method for real-time accounting using a networked computer system, the method comprising:
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detecting a purchase request issued to a computer system via a network;
determining a method of payment for the purchase;
obtaining a guarantee for the payment via the network, wherein the guarantee is based on the type of payment specified for the purchase; and
recording the payment as income in a general ledger database, wherein said determining, said obtaining, and said recording are performed substantially in real time. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for real time accounting, the system comprising:
a first server connected to computer network, wherein the first server is configured to;
detect a purchase;
determine a method of payment for the purchase;
obtain a guarantee for the payment via the network based on the determined method of payment; and
record the payment as income in a general ledger database hosted on the computer system, wherein the first server is configured to determine the method of payment, obtain the guarantee, and record the payment as income automatically and substantially in real time. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A computer program embodied on a computer-readable medium, wherein the computer program comprises a plurality of instructions, wherein the plurality of instructions is executable to:
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detect a purchase by a customer connected to the computer system via a network;
determine which method of payment the customer has specified for the purchase;
obtain a guarantee for the payment via the network based on the type of payment specified by the consumer; and
record the payment as income in a general ledger database hosted on the computer system, wherein the plurality of instructions is executable to determine which method of payment, obtain the guarantee, and record the payment as income substantially in real time. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30)
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Specification