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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
First Claim
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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.

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