Expenditure accounting management system and method
First Claim
Patent Images
1. An expenditure accounting management system comprising a computer system configured to:
- access transaction data representing a client expenditure in exchange for a plurality of products, the transaction data including one product identifier associated with one of the products and a different product identifier associated with a different one of the products;
store the transaction data in association with an expenditure identifier associated with the one product identifier and designating an account in a client accounting system and a different expenditure identifier associated with the different product identifier and designating a different account in the client accounting system; and
provide the client accounting system access to the stored transaction data including the stored expenditure identifiers.
0 Assignments
0 Petitions
Accused Products
Abstract
A web based payment card software application for an expenditure accounting management automation system that provides a plurality of event code identifiers for processing, reporting and recording expenditure spending related to transaction data activity, including a one of a plurality of expenditure identifiers associated with line item transaction data comprising multiple line items of products and/or expenditure identifiers. The expenditure identifiers and event code identifiers along with their associated GL designated accounts enable automated processing of expense and procurement account data by cardholders.
-
Citations
55 Claims
-
1. An expenditure accounting management system comprising a computer system configured to:
-
access transaction data representing a client expenditure in exchange for a plurality of products, the transaction data including one product identifier associated with one of the products and a different product identifier associated with a different one of the products;
store the transaction data in association with an expenditure identifier associated with the one product identifier and designating an account in a client accounting system and a different expenditure identifier associated with the different product identifier and designating a different account in the client accounting system; and
provide the client accounting system access to the stored transaction data including the stored expenditure identifiers. - View Dependent Claims (2, 3, 4)
-
-
5. A method of automated expenditure accounting management comprising:
-
associating a product identifier associated with a product and an expenditure identifier designating an account in a client accounting system;
associating a different product identifier associated with a different product and a different expenditure identifier designating a different account in the client accounting system;
storing transaction data including the product identifiers and associated expenditure identifiers; and
providing the client accounting system access to the transaction data and associated expenditure identifiers. - View Dependent Claims (6, 7, 8, 9, 10, 11, 12, 13)
-
-
14. A storage medium comprising data combinable with a computer system such that the computer system:
-
associates a product identifier and an expenditure identifier designating an account in a client accounting system;
associates a different product identifier and a different expenditure identifier designating a different account in the client accounting system;
stores transaction data including the product identifiers and associated expenditure identifiers; and
provides the client accounting system access to the transaction data and associated expenditure identifiers. - View Dependent Claims (15, 16, 17, 18)
-
-
19. A point of sale apparatus for a merchant comprising
a memory holding a data collection of purchased items in a single transaction with a charge card customer, each of the items being identified with an expenditure identifier, the data collection including an amount associated with each expenditure identifier and a charge card account to be charged in the single transaction, and a transmitter to transmit the data collection to a credit card processor associated with the charge card used by the customer for payment to the merchant.
-
20. A charge card provider automation apparatus comprising
a receiver to receive from a merchant a data collection of purchased items in a single transaction with a charge card customer, each of the items being identified with an expenditure identifier, the data collection including an amount associated with each expenditure identifier and a charge card account to be charged in the single transaction, and a memory to hold the received data collection, and a transmitter to transmit the data collection to a credit card account member associated with the charge card used by the customer for payment to the merchant.
-
21. A charge card member automation apparatus comprising
a receiver to receive from a charge card provider a data collection of purchased items in a single transaction with a charge card customer, each of the items being identified with an expenditure identifier, the data collection including an amount associated with each expenditure identifier and a charge card account charged in the single transaction, and a memory to hold the received data collection, and processor apparatus to accumulate a plurality of received data collections and allocate charged amounts to card member accounting accounts according to received expenditure identifiers.
-
22. An automated expenditure accounting management system comprising a computer system including a merchant subsystem with a communication network, a client subsystem with a communication network, and a payment card company subsystem with a communication network, the computer system configured to:
-
associate a plurality of identifiers in association with transaction data related to purchases, including any general transaction fees charged by a merchant through the utilization of an electronic payment card by a payment cardholder;
associate a plurality of identifiers associated with transaction data related to purchases, including any general transaction fees charged by a merchant through the utilization of currency by a payment cardholder;
associate a plurality of identifiers associated with transaction data related to personal vehicle usage reimbursement expenditures by a cardholder;
associate the transaction data in association with the plurality of identifiers to an expense report subroutine within the payment card company subsystem for the processing of cardholder expense reports;
associate the transaction data in association with the plurality of identifiers to an accounting journal entry subroutine within the payment card company subsystem for the recording of cardholder expenditure; and
associate the transaction data in association with the plurality of identifiers to an expenditure analysis reporting subroutine within the payment card company subsystem for analyzing the database transaction data through client defined relational database management reports. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31)
-
-
32. A method of automated expenditure management comprising:
-
associating an expenditure identifier that is associated with a general ledger designated account to the merchant product from a single transaction;
associating the same or a different expenditure identifier with a general ledger designated account to a different merchant product from a single transaction;
associating a database code identifier to each of the merchant products from a single transaction;
associating a cardholder account number that is associated with the employment identifiers to each of the merchant products from a single transaction;
associating a merchant product from a single transition further with the input of an event code identifier that is associated with a general ledger designated account, a cost allocation identifiers with an amount, and a disclosure identifier;
associating a different merchant product from a single transaction further with the input of a different event code that is associated with a general ledger designated account, a cost allocation identifier with the an amount, and a disclosure identifier;
associating a spending report identifier and a supervisor authorization identifier to each of the merchant products as part of the preparation and approval process of the specific event code identifier expense report subroutine submission;
storing the transmitted transaction data with an expenditure identifier that is associated with automatically with the general ledger designated account for a merchant product from a single transaction;
storing the transmitted transaction data with the same or a different expenditure identifier that is associated automatically with the general ledger designated account for a different merchant product form a single transaction;
storing the transmitted transaction data with a database identifier for each of the merchant products from a single transaction;
storing the transmitted cardholder account number that is associated with the employment identifiers for each of the merchant products from a single transaction;
storing the inputted event code identifier that is associated with a general ledger designated account for each of the merchant products from a single transaction;
storing the inputted cost allocation identifiers with an amount for each of the merchant products from a single transaction;
storing the inputted disclosure identifier for each of the merchant products from a single transaction;
storing the automatically generated spending report identifiers to each of the merchant products from a single transaction when submitting an expense report as part of the spending report subroutine;
storing the automatically generated supervisor authorization identifier to each of the merchant products from a single transaction when a submitted expense report is approved as part of the spending report subroutine; and
providing the cardholder, the cardholder'"'"'s supervisor, and client personnel including the client general ledger accounting system access to the stored transaction data including expenditure identifiers that are associated with a general ledger designated account, cardholder account number that are associated with employment identifiers, event code identifiers that is associated with a general ledger designated accounts, cost allocation identifiers with amounts, disclosure identifiers, spending report identifiers, and supervisor authorization identifier. - View Dependent Claims (33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45)
-
-
46. A storage medium comprising data combinable with a computer system such that the computer system:
-
associates a merchant product and an expenditure identifier designating a general ledger designated account in a client general ledger accounting system;
associates a different merchant product and the same or a different expenditure identifier designating the same or a different general ledger designated account in a client general ledger accounting system;
associates a merchant product and an event code identifier designating a general ledger designated account in a client general ledger accounting system;
associates a different merchant product and the same or a different event code identifier designating the same or a different general ledger designated account in a client general ledger accounting system;
stores transaction data including the merchant products and associated expenditure identifiers and associated event code identifiers; and
provides the cardholder, cardholder'"'"'s supervisor, and client personnel including the client general ledger accounting system access to the transaction data, the associated expenditure identifiers and event code identifiers that are associated with merchant products. - View Dependent Claims (47, 48, 49, 50, 51, 52)
-
-
53. A point of sale apparatus for a merchant comprising:
-
memory holding a data collection of purchased products in a single transaction with a payment card customer, each of the products associated with an expenditure identifier, the data collection including an amount associated with purchase price of each product, the amount that represents the pro-rata portion of an general transaction fee such as sales tax, value added taxes, surcharges, transaction fees, the total transaction amount, and a cardholder'"'"'s account number to be charged in the single transaction; and
a transmitter to transmit the data collection to a payment card company associated with a payment card used by the customer for payment of the merchant products.
-
-
54. A payment card company automation apparatus comprising:
-
a receiver to receive from a merchant a data collection of purchased products in a single transaction with a cardholder, each of the products being identified as a merchant product with an associated expenditure identifier, the data collection including an amount associated with each product, the amount that represents the pro-rata portion of any general transaction fee such as sales tax, value added taxes, surcharges, transaction fees, the total transaction amount, and a cardholder'"'"'s account number to be charged in the single transaction;
memory to hold the received data collection; and
a transmitter to transmit the data collection to a client and/or cardholder associated with the cardholder account number used by the customer for payment of the merchant products.
-
-
55. A client business transactions or a cardholder personal transactions automation apparatus comprising:
-
a receiver to receive from a payment card company a data collection of purchased products in a single transaction with a payment card customer, each of the products with an associated expenditure identifier, the data collection including (a) an amount associated with each product(s) plus an amount that represents the pro-rata portion of any general transaction fee such as sales tax, value added taxes, surcharges, transaction fees, (b) the cardholder'"'"'s account number, (c) the database code identifier, and (d) a transaction total amount charged;
memory to hold the received data collection; and
processor apparatus to accumulate a plurality of received data collections and allocate charged amounts to the cardholder'"'"'s account number according to received product(s) and expenditure identifiers.
-
Specification