System for centralized processing of accounting and payment functions
First Claim
1. A system for accounting for Transaction costs comprising:
- a) input means for inputting Item Information and for producing Transaction Information in accordance with said Item Information;
b) data processing means responsive to said Transaction Information for;
b1) maintaining accounts for a plurality of distinct;
unrelated buyers and a group of sellers consisting of at least one seller;
said accounts including a cumulative record of amounts payable to said buyers or due said sellers; and
, for a Transaction processed by said system,b2) Determining Transaction Costs and identifying a seller, selected by a buyer, initiating said Transaction, said buyer having access to Rates preestablished by said identified seller, from said group in accordance with said Transaction Information;
b3) debiting an account of said buyer for the amount of said Transaction costs and crediting an account of said identified seller with said amount; and
b4) generating statements of their accounts for said buyers and said sellers said statements for said buyers identifying amounts due each of said sellers, and said statements for said sellers identifying amounts due from each of said buyers; and
,c) communications means for transmitting said Transaction Information from said input means to said data processing means.
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Accused Products
Abstract
A system for determining and accounting for the costs of transactions. The system is particularly suited for determining and accounting the costs of shipping goods. The system includes an input device which is located at the shipper'"'"'s (or other buyer'"'"'s) premises and a central data processing facility. The input device receives information defining a shipment sufficiently so that the cost of that shipment may be determined in accordance with the rates of a carrier (or other seller), and uploads the information to the central data processing facility. Preferably, the input device includes rate information and software for determining shipment costs locally. The central data processing facility maintains accounts for a shippers and carriers, appropriately debits and credits costs for each shipment and periodically issues statements of their accounts to all shippers and carriers. In a preferred embodiment, shippers may maintain a payment account with a trustee bank and the system may from time to time issue instruction to the trustee bank to make appropriate payments to each carrier. In another embodiment, carriers may from time to time enter new rate information into the system.
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Citations
24 Claims
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1. A system for accounting for Transaction costs comprising:
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a) input means for inputting Item Information and for producing Transaction Information in accordance with said Item Information; b) data processing means responsive to said Transaction Information for; b1) maintaining accounts for a plurality of distinct;
unrelated buyers and a group of sellers consisting of at least one seller;
said accounts including a cumulative record of amounts payable to said buyers or due said sellers; and
, for a Transaction processed by said system,b2) Determining Transaction Costs and identifying a seller, selected by a buyer, initiating said Transaction, said buyer having access to Rates preestablished by said identified seller, from said group in accordance with said Transaction Information; b3) debiting an account of said buyer for the amount of said Transaction costs and crediting an account of said identified seller with said amount; and b4) generating statements of their accounts for said buyers and said sellers said statements for said buyers identifying amounts due each of said sellers, and said statements for said sellers identifying amounts due from each of said buyers; and
,c) communications means for transmitting said Transaction Information from said input means to said data processing means. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A systems for accounting for Shipment costs, comprising:
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a) input means for inputting Piece Information and for producing Shipment Information in accordance with said Piece Information; b) data processing means responsive to said Shipment Information for; b1) maintaining accounts for a plurality of distinct, unrelated shippers and a group of carriers, consisting of at least one carrier;
said accounts including a cumulative record of amounts payable by said shippers or due said carriers; and
, for a Shipment processed by said system,b2) determining Shipment Costs and identifying a carrier, selected by a shipper originating said shipment, said shipper having access to Rates prestablished by said carrier, from said group in accordance with said Shipment Information; b3) debiting an account of said shipper for the amount of said Shipment costs and crediting an account of said identified carrier with said amount; and
,b4) generating statements of their accounts for said shippers and said carriers, said statements for said shippers identifying amounts due each of said carriers and said statements for said group of carriers identifying amounts due from each of said shippers; and
,c) communications means for transmitting said Shipment Information from said input means to said data processing means. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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Specification