Extension ledger

US10019763B2 · kind B2 · utility

Assignee

• SAP SE · DE

Inventors

• Georg Dopf · Schwetzingen, DE
• Michael Conrad · Oftersheim, DE
• Stefan Gauger · Heidelberg, DE
• Joachim Kenntner · Heidelberg, DE
• Joachim Liebler · Heidelberg, DE
• Ruediger Raubeck · St. Leon-Rot, DE
• Andreas Reccius · Walldorf, DE
• Thomas Schachner · Heidelberg, DE
• Thomas Schneider · Heidelberg, DE
• Radim Sykora · Schallstadt, DE

Key dates

• Filing date: Jun 17, 2015
• Grant date: Jul 10, 2018
• Expiry date: Nov 19, 2036

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system stores financial accounting data in a Base ledger, together with overlying extension ledger(s). An engine receives both generic financial data, and financial data utilized for specific purposes. Utilizing a mapping table the engine stores in an underlying Base ledger, the generic financial data (e.g., a fixed asset acquisition). The engine stores in overlying extension ledgers, specific financial data (e.g., a linear asset depreciation and/or an declining balance method of asset depreciation) derived from that generic data. This reduces memory footprint by persisting the generic data in one location only. The stored data may be read utilizing dataviews combining data from Base and extension ledgers. A recursive algorithm may evaluate chain(s) of ledgers. Embodiments may be particularly suited to store in the Base ledger generic financial data common to multiple accounting principles (e.g., GAAP, IFRS), and store in extension ledger(s) the associated financial data specific to those accounting schemes.