System and Method of Processing Asset Data

• US 20100235269A1
• Filed: 03/11/2009
• Published: 09/16/2010
• Est. Priority Date: 03/11/2009
• Status: Abandoned Application

• Current Assignee: AT&T Intellectual Property I LP (AT&T, Inc.)
• Original Assignee: AT&T Intellectual Property I LP (AT&T, Inc.)
• Inventors: Munoz, Rafael, Johnson, Barton D., Fung, Arthur
• Application Number:
  US12/401,910
• Publication Number:
  US 20100235269A1
• Time in Patent Office: Days
• US Class Current: 705/31
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/123 Tax preparation or submission

Abstract

A method of processing asset data can include receiving data related to an asset from an electronic data warehouse at an adjustment system. The method can also include identifying a tax class of a plurality of tax classes based on the received data and storing the received data in association with the identified tax class. Further, the method can include determining based on the received data that the asset has been added, retired or depreciated during a time period. In addition, the method can include adjusting a value of the asset, wherein the adjusted value corresponds to an addition, retirement or depreciation of the asset.

Claims

1. A method of processing asset data, the method comprising:

receiving data related to an asset from an electronic data warehouse at an adjustment system;

identifying a tax class of a plurality of tax classes based on the received data;

storing the received data in association with the identified tax class;

determining based on the received data that the asset has been added, retired or depreciated during a time period; and

adjusting a value of the asset, wherein the adjusted value corresponds to an addition, retirement or depreciation of the asset.

2. The method of claim 1, further comprising instructing a system to retrieve the data related to the asset from the electronic data warehouse.

3. The method of claim 1, further comprising determining an initial value of the asset based on the received data, wherein the adjusted value of the asset includes an adjustment of the initial value.

4. The method of claim 3, further comprising storing the initial value in association with the identified tax class.

5. The method of claim 3, further comprising identifying an entity of a plurality of entities based on the received data and storing the received data, the initial value, or any combination thereof, in association with the identified entity.

6. The method of claim 5, further comprising receiving input from a user indicating another entity of the plurality of entities and storing the data in association with the other entity in response to the input.

7. The method of claim 1, further comprising re-formatting the received data from a format associated with the electronic data warehouse, an entity system communicating with the electronic data warehouse, a system adapted to extract data from the electronic data warehouse, or any combination thereof, to another format associated with the adjustment system, a financial system communicating with the adjustment system, or any combination thereof.

8. The method of claim 1, further comprising adjusting individual values, a total value, or any combination thereof, of a plurality of assets in an adjustment category, wherein the plurality of assets includes the asset.

9. The method of claim 1, further comprising receiving input from a user indicating another tax class of the plurality of tax classes and storing the data in association with the other tax class in response to the input.

10. The method of claim 1, further comprising receiving a request to extract data related to an asset data category from the EDW, wherein the asset is associated with the asset data category.

11. The method of claim 10, wherein the asset data category includes a plant roll forward category, a right of way category, a reused material category, an inter-company transfer category, an intra-company transfer category, a copper line category, a fiber line category, a gulf zone category, a retirements category, a depreciation roll forward category, a cost of removal category, or any combination thereof.

12. The method of claim 1, wherein the asset includes land, a motor vehicle, a special purpose vehicle, a building, an analog switch, a digital switch, an aircraft, equipment, an office supply, furniture, a computer, a radio system, an analog circuit, a digital circuit, terminal equipment, a property improvement, a fixture, an operator system, public telephone equipment, a telephone pole, an aerial cable, an underground cable, a buried cable, an intra-building cable, a heating ventilation air conditioning (HVAC) system, a digital subscriber line access multiplexer (DSLAM), a cellular tower, or any combination thereof.

13. The method of claim 1, wherein the data includes a time indicator related to the asset, the time including an in-service year, an out-of-service year, or a combination thereof, and wherein the asset is identified as an addition, a retirement or a depreciated asset based on the time indicator.

14. The method of claim 1, further comprising receiving input indicating another adjustment to the value of the asset and re-adjusting the value of the asset based on the other adjustment.

15. A computer-readable medium including processor-readable instructions that are executable by a processor to perform a method, the method comprising:

receiving data related to an asset;

identifying a tax class of a plurality of tax classes based on the received data;

determining an initial value of the asset based on the received data;

storing the received data, the initial value, or any combination thereof, in association with the identified tax class;

determining based on the received data that the asset corresponds to an adjustment type of a plurality of adjustment types during a time period; and

adjusting the initial value of the asset based on the adjustment type.

16. The computer-readable medium of claim 15, wherein the method further comprises providing a graphical user interface including a plurality of selectable indicators of asset data categories and receiving a request to extract data related to a selected asset data category via the graphical user interface, wherein the asset is associated with the asset data category.

17. The computer-readable medium of claim 15, wherein the method further comprises selecting an adjustment rule related to a federal tax authority, a regulatory authority, a federal tax authority, insurance, or a state tax authority, and wherein the adjusted value is determined according to the adjustment rule.

18. The computer-readable medium of claim 15, wherein the plurality of adjustment types include addition, retirement, salvage, cost of removal, depreciation or any combination thereof.

19. The computer-readable medium of claim 15, wherein the method further includes outputting the adjusted value in response to receiving a reporting command.

20. The computer-readable medium of claim 19, wherein the method includes:

providing a reporting graphical user interface including a plurality of selectable indicators of reporting types, the reporting types including an additions report type, a retirements report type, a depreciation report type, an inter-company transfer report type, an intra-company transfer report type, a cost of removal report type, a salvage report type, a right of way report type, a reused material report type, a copper line report type, a fiber line report type, or any combination thereof, and

receiving a selection of an indicator of a reporting type, wherein the adjusted value of the asset is included in the report type.