Method and apparatus for automating accounting with check vouchers
US8315924B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 2, 2009 |
| Grant date | Nov 20, 2012 |
| Priority date | — |
| Expiry date | Dec 20, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
One embodiment of the present invention provides a system that facilitates automated accounting. During operation, the system receives a check voucher at a system, wherein the check voucher corresponds to a check. Next, the system performs an optical character recognition (OCR) operation on the check voucher to identify a set of tokens printed on the check voucher. The system then searches a dictionary of tokens for open invoices to identify a match between the set of tokens printed on the check voucher and tokens associated with an open invoice. Next, the system determines an amount of the check by determining the value of an amount token printed on the check voucher. Finally, the system applies a payment for the amount of the check to the open invoice.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.