Patent · US Active

System and method for synchronizing ledger accounts by company group

US7848970B2 · kind B2 · utility

12Cited by
14References
6Claims
0Family size

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Inventors

Key dates

Filing dateDec 4, 2007
Grant dateDec 7, 2010
Priority date
Expiry dateDec 4, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/12
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A system and method for keeping ledger accounts in synchronization between a back-end procurement system and a front-end requisition and catalog system. An extract utility extracts a file of general ledger (G/L) accounts, including account code, description, and company code, from a chart of accounts in the back-end and transfers it to the front-end, where it is updated by an update utility to include company group code from a company group table and then loaded into a data store of valid general ledger accounts. Maintenance of the front end data store of valid accounts includes pushing to all companies in a company group ledger code entered with respect to any one of the companies in that group.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.