Budgetary ledger

US7599865B2 · kind B2 · utility

Assignee

• SAP AG · DE

Inventors

• Wolfgang Hahn · Neutraubling, DE
• Frank Godeby · Bethesda, US

Key dates

• Filing date: Dec 30, 2003
• Grant date: Oct 6, 2009
• Expiry date: Jun 11, 2027

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method for maintaining budget related transactions in a financial management system. A financial management system may include a general ledger to maintain account balances and a budgetary ledger to maintain account balances only for budget related transactions. The budgetary ledger may generate a budgetary ledger document, which contains budget related transactions. The budgetary ledger may further include a core to enable generation of the budgetary ledger document, and an extension to define rules associated with generation of the budgetary ledger document. The budgetary ledger may then post the budgetary ledger document to the general ledger.