System and method for associating financial transaction data with user's project data in cash transactions

• US 8,498,909 B1
• Filed: 11/19/2012
• Issued: 07/30/2013
• 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): Goyea, Olusegun
• Application Number:
  US13/680,371
• Time in Patent Office: 253 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: 705/30
• 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. An expense reporting system for viewing and manipulating a user'"'"'s financial transaction data from a cash transaction, comprising:

a user interface unit having user input means and a display, the user interface unit being configured for communicating with a processor connected to a data storage unit, the data storage unit storing a user'"'"'s financial transaction data and being accessible over a network by a remote user on the user interface unit;

an expense reporting module having a graphical user interface (GUI), the expense reporting module comprising;

a transaction retrieval component operable to access the user'"'"'s financial transaction data and generate representations thereof viewable by a user on the user interface unit display;

a category generation engine operable to generate user-defined project category data and representations thereof viewable to a user on the user interface unit display;

a code generation component operable to generate a user-defined code identifier;

a code association component operable to link the user-defined project category data and representations thereof with the user-defined code identifier;

a transaction categorization engine operable to associate a percentage or portion of selected ones of the user'"'"'s financial transaction data representations with one or more of the user-defined project category data representations, the transaction categorization engine being further operable to automatically associate the user-defined project category data linked to the user-defined code identifier with the user'"'"'s financial transaction data;

a GUI generation engine operable to express 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;

a data record generation engine operable to convert the graphical arrangement into a data record, wherein the data record is in a form suitable for at least one of review, storage, modifications, analysis or exportation; and

a data record manipulation component operable to at least enable the user to manually designate a fraction of a single transaction to be associated or disassociated with a selected one of the user-defined project category data representations.

2. The system of claim 1, wherein the user'"'"'s financial transaction data includes any 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, and barcode data fee data.

3. The system of claim 1, further comprising a bar code generation component for generating a bar code representing the user-defined code identifier.

4. The system of claim 3, wherein the bar code is readable at a point of sale (POS) terminal.

5. The system of claim 1, wherein the GUI generation engine is further operable to express a graphical arrangement of representations of the user-defined project category data linked to the user-defined code identifier and associated with representations of the user'"'"'s financial transaction data.

6. The system of claim 1, further comprising a data record manipulation component operable to generate a receipt including data from the data record.

7. The system of claim 1, wherein the transaction categorization engine is further operable to dis-associate selected ones of the user'"'"'s financial transaction representations associated with one or more of the user-defined project category representations.

14. The system of claim 1, wherein the user-defined code identifier comprises a combination of letters, numerals, or symbols.

15. The system of claim 14, further comprising a point of sale (POS) terminal operable to prompt the user to enter the user-defined code identifier.

16. The system of claim 4, wherein the POS terminal is operable to scan the bar code representing the user-defined code identifier.

17. The system of claim 4, wherein the bar code is electronically displayed by the user at the POS terminal.

8. A computer implemented method for viewing and manipulating a user'"'"'s financial transaction data from a cash transaction, the method comprising:

storing a user'"'"'s financial transaction data on a data storage device such that the user'"'"'s financial transaction data is 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, using a processor, project category data and generating representations thereof;

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

associating, using the processor, representations of a desired percentage or portion of the user'"'"'s financial transaction data with one or more of the user-defined project category data representations to create a graphical arrangement;

automatically associating the user-defined project category data linked to the code identifier with the user'"'"'s financial transaction data;

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

review, storage, modification, analysis, and exportation; and

enabling the user to manually designate a fraction of a single transaction to be associated or disassociated with a selected one of the user-defined project category data representations.

9. The method of claim 8, 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.

10. The method of claim 8, further comprising:

dis-associating selected ones of the user'"'"'s cash transaction data representations from one or more associated user-defined project category data or representations thereof.

11. The method of claim 8, further comprising:

generating a bar code representing the code identifier.

12. The method of claim 8, further comprising:

transmitting the user'"'"'s financial transaction data from a point of sale (POS) terminal to the data storage device.

13. The method of claim 12, 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, and fee data.

18. The method of claim 8, further comprising generating a bar code representing the code identifier.

19. The method of claim 18, wherein the bar code is readable at a point of sale (POS) terminal.

20. The method of claim 19, further comprising scanning the bar code representing the code identifier at a point of sale (POS) terminal.

21. The method of claim 19, wherein the bar code is electronically displayed by the user at the POS terminal.

22. The method of claim 9, wherein the code identifier comprises a combination of letters, numerals, or symbols.

23. The method of claim 22, further comprising prompting the user to enter the code identifier at a point of sale (POS) terminal.