ACCOUNTANCY SYSTEM

• US 3,749,892 A
• Filed: 02/16/1972
• Issued: 07/31/1973
• Est. Priority Date: 02/16/1971
• Status: Expired due to Term

• Current Assignee: Patrick John Stenning
• Original Assignee: Patrick John Stenning
• Inventors: Stenning, Patrick John
• Primary Examiner(s): Ruggiero, Joseph F.
• Application Number:
  US05/226,918
• Time in Patent Office: 531 Days
• Field of Search: 235/193,184,150.5,92AC,194,195,196 35/24C
• US Class Current: 705/36.00R
• CPC Class Codes: G06G 7/52 for economic systems; for statistics G06G7/122, G06G7/19 take precedence
• CPC Class Codes: G06J 1/00 Hybrid computing arrangements digitally-programmed analogue computers G06G7/06
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

An analogue simulator is disclosed for dynamically simulating and visually presenting the projected financial situation of a commercial enterprise or the like over a time period of 24 time intervals. The time intervals are usually months and the computer has a simulator for the Balance Sheet which is updated at the end of each month, a simulator for the Profit and Loss Account which can be programmed to show the Profit and Loss for each one month interval and a projected sales, purchases and capital expenditure simulator in which details of the projected history of the company can be entered and stored. The system is controlled to enable manual selection of the time interval over which computations are to be effected and an automatic scan enables sequential computations to be made at the end of each month within the selected time period.

Claims

1. A system for dynamically simulating and visually presenting the projected financial situation of a company, comprising a first simulator representative of a balance sheet, a second simulator representative of a profit and loss account, and a third simulator representative of predicted income and expenditure having provision for simulation of each of a plurality of successive time intervals, an analyser unit coupled to analyse the output of said first and second simulators and capable of presenting a visual output representative thereof and control means coupled to said simulators and said analyser unit for controlling the operaiton of the system, said control means including a time interval selector for causing said analyser unit to analyse the output of the first and second simulators at the beginning and end of a selected time interval.

2. A system according to claim 1, wherein said control means includes an automatic scan means whereby sequential analyses may be displayed at the beginning and end of each time interval of said third simulator.

3. A system according to claim 1, wherein said third simulator includes delay means whereby transfer of information simulated in each of said time intervals may be delayed to simulate credit periods.

4. A system according to claim 1, including means for sequentially updating a plurality of digital read-out devices associated with flow paths in the system to be monitored.

5. A system according to claim 4, wherein the said last mentioned means comprises a binary counter which controls the switching of an analogue to digital converter.

6. A system according to claim 5, wherein the output of the converter is fed to a bistable latched circuit whose output feeds a digital indicator.

7. A system according to claim 4, wherein said last mentioned means is modified continuously to update a selected readout device.