×

Automated accounting system

DC
  • US 7,822,657 B2
  • Filed: 10/11/2001
  • Issued: 10/26/2010
  • Est. Priority Date: 09/28/1994
  • Status: Expired due to Fees
First Claim
Patent Images

1. A financial accounting system for providing financial accounting statements for a first entity, comprising:

  • a first computer having at least one file from which an accounting statement is generated;

    a second computer receiving data inputs, said data inputs including electronically recorded financial transaction information made between said first entity and a plurality of other entities; and

    an open communication network comprising data transfer equipment transferring said data inputs from said second computer to said file of said first computer, said open communication network connecting said first computer and said second computer in an accounting system in which said entities are interconnected for automated accounting of financial transactions utilizing standardized codes, wherein said data inputs in said file of said first computer are used to produce said accounting statements derived from said financial transaction information including income, expense, asset or liability information for said first entity.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×