Method for associating financial transaction data with user's project data

• US 8,239,270 B2
• Filed: 04/27/2011
• Issued: 08/07/2012
• Est. Priority Date: 12/07/2007
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Keld, Marcia
• Primary Examiner(s): Gart, Matthew
• Assistant Examiner(s): Goyea, Olusegun
• Application Number:
  US13/094,937
• Publication Number:
  US 20110202438A1
• Time in Patent Office: 468 Days
• Field of Search: 705/16, 705/21, 705/26.1, 705/41, 705/39, 705/42, 235/379, 707/999.01, 707/999.03
• US Class Current: 705/17
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/00 Payment architectures, schemes or protocols apparatus for performing or posting payment transactions G07F7/08, G07F19/00; electronic cash registers G07G1/12
• CPC Class Codes: G06Q 20/02 involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/105 involving programming of a portable memory device, e.g. IC cards, "electronic purses"
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/20 Point-of-sale [POS] network systems
• CPC Class Codes: G06Q 20/3674 involving authentication
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/10 Tax strategies
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G06Q 40/123 Tax preparation or submission

Abstract

This invention relates to an expense reporting system for viewing and manipulating a user'"'"'s financial transaction data and a method for associating financial transaction data with a user'"'"'s project data. The system includes a user'"'"'s financial transaction data hosted in a data storage unit, addressable on a network, and accessible by a remote user on a user interface unit having a user input means and a display; and an expense reporting module having a graphical user interface (GUI) that allows a user to define project category data and associate representations of the user'"'"'s financial data with the user-defined project category data.

Claims

1. A computer implemented method for expense reporting, the method comprising:

storing a user'"'"'s financial transaction data on a data storage device connected to a processor, the data storage device being accessible by a user interface device on a network;

presenting a graphical user interface (GUI) for displaying representations of the accessed user'"'"'s financial transaction data on a user interface unit;

defining project category data and generating representations thereof using the processor;

associating, using the processor, representations of a desired percentage or portion of the user'"'"'s financial transaction data with one or more user-defined project category data representations to create a graphical arrangement, wherein the user'"'"'s financial transaction data comprises line-item data within a recorded transaction, and, optionally, dis-associating selected ones of the user'"'"'s financial transaction data representations from the one or more associated user-defined project category data;

converting the graphical arrangement into a data record using the processor, wherein the data record is in a form suitable for at least one of;

review, storage, modification, analysis, and exportation.

2. The method of claim 1, further comprising:

enabling a user to at least one of;

review a data record, modify a data record, store a data record, analyze a data record, and export a data record.

3. The method of claim 1, further comprising:

generating a code identifier and linking user-defined project category data to the code identifier.

4. The method of claim 3, further comprising:

generating a bar code representing the code identifier.

5. The method of claim 3, further comprising:

automatically associating user-defined project category data linked to a code identifier with a user'"'"'s financial transaction data linked to a corresponding code identifier.

6. The method of claim 3, further comprising:

transmitting a user'"'"'s financial transaction data from a point of service to the data storage device.

7. The method of claim 6, wherein the user'"'"'s financial transaction data includes one or more of:

purchase data, product data, product quantity data, purchase date data, purchase price data, vendor name data, vendor part number data, product name data, stock keeping unit (SKU) number data, tax data, discount data, receipt number data, universal product code data, barcode data, fee data, interest rate data, interest data, balance data, debit card data, check data, line of credit access card data, line of credit transaction card data, and balance transfer data.

8. A computer implemented method for expense reporting, the method comprising:

transmitting a user'"'"'s financial transaction data from a point of service to a data storage device accessible by an expense reporting system;

storing a user'"'"'s financial transaction data on a data storage unit connected to a processor, addressable on a network, and accessible by a remote user on a user interface unit having a user input means and a display;

wherein the user'"'"'s financial transaction data includes one or more of;

purchase data, product data, product quantity data, purchase date data, purchase price data, vendor name data, vendor part number data, product name data, stock keeping unit (SKU) number data, tax data, discount data, receipt number data, universal product code data, barcode data, fee data, interest rate data, interest data, balance data, debit card data, check data, line of credit access card data, line of credit transaction card data, and balance transfer data;

accessing the user'"'"'s financial transaction data via a transaction retrieval component and generating representations thereof viewable by a user on the user interface unit display;

generating, using a category generation engine of the processor, user-defined project category data and representations thereof viewable to a user on the user interface unit display;

associating, by a transaction categorization engine of the processor, a selected portion or percentage of the user'"'"'s financial transaction data representations with one or more of the user-defined project category data representations for a single transaction;

expressing a graphical arrangement of the selected ones of the user'"'"'s financial transaction representations associated with the one or more user-defined project category data representations on the user interface unit display, using a graphical user interface (GUI) generation engine; and

converting the graphical arrangement into a data record using a data record generation engine of the processor, wherein the data record is in a form suitable for at least one of review, storage, modification, analysis, or exportation.

9. The method of claims 8, further comprising:

performing a capture routine before transmitting a user'"'"'s financial transaction data from the point of service to the data storage device.

10. The method of claim 8, further comprising:

accessing the user'"'"'s financial transaction data through an intermediary database before transmitting the user'"'"'s financial transaction data from the point of service to the data storage device.

11. The method of claim 8, further comprising:

transmitting the user'"'"'s financial transaction data from the point of service to the data storage device via a user input device.

12. The method of claim 11, further comprising:

transmitting the user'"'"'s financial transaction data from the point of service to the input device via a wireless protocol.

13. The method of claim 8, further comprising:

transmitting the user'"'"'s financial transaction data from the point of service to the user via electronic mail, where in the user transmits the user'"'"'s financial transaction data to the data storage device.