Accounting process
First Claim
Patent Images
1. A computerized system for generating a financial statement from bank-held accounts information, the system comprising:
- a first part for a bank to store inputted transaction data from a transaction source document, the stored transaction data relating to a banking transaction based on the transaction source document;
a second part used by the bank customer so that the bank customer enters transaction codes, at the time of the banking transaction and as part of the banking transaction, the customer-entered transaction codes identifying accounting interest characteristics of the transaction, the first and second parts being connected, the first part storing the customer-entered transaction codes;
a computer-based accounting system connected to the first part and connected to the second part and accessing the stored transaction data and the stored transaction codes; and
the accounting system configured for generating a financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to a computer request from one of the customer and the bank, the accounting system being configured to generate the financial statement avoiding the need to enter the customer-entered transaction codes subsequent to the time of the banking transaction,wherein the first part comprise least i) a central controller including a central processing unit (CPU) and a memory operatively connected to the CPU, and ii) at least one terminal operable by the customer and adapted for communicating with the central controller, the terminal transmitting the transaction data to the central controller, andwherein the second part comprises the at least one terminal operable by the customer and adapted for communicating with the central controller located at a banking institution, the at least one terminal configured to at least one of proactively and reactively interact with the customer for entry of the transaction codes.
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Accused Products
Abstract
A computerized accounting process and system capturing customer transaction data, creating transaction codes or references at the time of the transaction and generating accounting reports for the customer.
21 Citations
24 Claims
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1. A computerized system for generating a financial statement from bank-held accounts information, the system comprising:
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a first part for a bank to store inputted transaction data from a transaction source document, the stored transaction data relating to a banking transaction based on the transaction source document; a second part used by the bank customer so that the bank customer enters transaction codes, at the time of the banking transaction and as part of the banking transaction, the customer-entered transaction codes identifying accounting interest characteristics of the transaction, the first and second parts being connected, the first part storing the customer-entered transaction codes; a computer-based accounting system connected to the first part and connected to the second part and accessing the stored transaction data and the stored transaction codes; and the accounting system configured for generating a financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to a computer request from one of the customer and the bank, the accounting system being configured to generate the financial statement avoiding the need to enter the customer-entered transaction codes subsequent to the time of the banking transaction, wherein the first part comprise least i) a central controller including a central processing unit (CPU) and a memory operatively connected to the CPU, and ii) at least one terminal operable by the customer and adapted for communicating with the central controller, the terminal transmitting the transaction data to the central controller, and wherein the second part comprises the at least one terminal operable by the customer and adapted for communicating with the central controller located at a banking institution, the at least one terminal configured to at least one of proactively and reactively interact with the customer for entry of the transaction codes. - View Dependent Claims (2, 3, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 23)
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5. A non-transitory program storage medium readable by a computer, storing a program of instructions executable by the computer to control the computer to function as a computerized system for generating a financial statement from bank-held accounts information, the system comprising:
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a first part for a bank to store inputted transaction data from a transaction source document, the stored transaction data relating to a banking transaction based on the transaction source document; and a second part used by the bank customer so that the bank customer enters transaction codes, at the time of the banking transaction and as part of the banking transaction, the customer-entered transaction codes identifying accounting interest characteristics of the transaction, the first and second parts being connected, the first part storing the customer-entered transaction codes, wherein the first part comprise least i) a central controller including a central processing unit (CPU) and a memory operatively connected to the CPU, and ii) at least one terminal operable by the customer and adapted for communicating with the central controller, the terminal transmitting the transaction data to the central controller, and wherein the second part comprises the at least one terminal operable by the customer and adapted for communicating with the central controller located at a banking institution, the at least one terminal configured to at least one of proactively and reactively interact with the customer for entry of the transaction codes the first part and the second part configured for interacting with a computerized accounting system connected to the first part and connected to the second part and accessing the stored transaction data and the stored transaction codes, the accounting system configured to generate a financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to a computer request from one of the customer and the bank, the accounting system being configured to generate the financial statement while avoiding the need to enter the customer-entered transaction codes subsequent to the time of the banking transaction.
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19. A computerized system for generating a financial statement from bank-held accounts information, the system comprising:
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a first part for a bank to store inputted transaction data from a transaction source document, the stored transaction data relating to a banking transaction based on the transaction source document; a second part used by the bank customer, at the time of the banking transaction, so that the bank customer enters transaction codes identifying accounting interest characteristics of the transaction including entering a code into a field dedicated for report generation, the first part and the second part being connected, the first part storing the customer-entered transaction codes; a computerized accounting system connected to the first part and connected to the second part and accessing the stored transaction data and the stored transaction codes; and the accounting system configured for generating a financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to a computer request from one of the customer and the bank, wherein the code entered into the field dedicated for report generation indicates whether the banking transaction is subject to tax, and is used as an additional reference field dedicated for the accounting system to generate the financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to the computer request from one of the customer and the bank, the accounting system being configured to generate the report avoiding the need to enter the customer-entered transaction codes subsequent to the time of the banking transaction, wherein the first part and the second part comprise least i) a central controller including a central processing unit (CPU) and a memory operatively connected to the CPU, and ii) at least one terminal operable by the customer and adapted for communicating with the central controller, the terminal transmitting the transaction data and the transaction codes to the central controller, the at least one terminal configured to at least one of proactively and reactively interact with the customer for entry of the transaction codes. - View Dependent Claims (20, 21, 22)
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24. A computerized system for generating a financial statement from bank-held accounts information, the system comprising:
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a first part for a bank storing inputted transaction data from a transaction source document, the stored transaction data relating to a banking transaction based on the transaction source document; a second part used by the bank customer so that, at the time of the banking transaction and as part of the banking transaction, the bank customer allocates a transaction code identifying an accounting interest characteristic of the banking transaction, the first and second parts being connected at the time of the transaction via the internet, the first part storing the customer-allocated transaction codes subsequent to the time of the banking transaction, the banking transaction being an internet banking payment; a computerized accounting system connected to the first part and connected to the second part and accessing the stored transaction data and the stored transaction codes; and the accounting system configured for generating a financial statement utilizing the accessed stored transaction data and the accessed stored transaction codes in response to a computer request from one of the customer and the bank, the accounting system being configured to generate the financial statement avoiding the need to enter the customer-allocated transaction codes subsequent to the time of the banking transaction, wherein the first part and the second part comprise least i) a central controller including a central processing unit (CPU) and a memory operatively connected to the CPU, and ii) at least one terminal operable by the customer and adapted for communicating with the central controller, the terminal transmitting the transaction data and the transaction codes to the central controller, the at least one terminal configured to at least one of proactively and reactively interact with the customer for entry of the transaction codes.
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Specification