Expense management system and method

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20030046195A1
SERIAL NO

09976928

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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An expense management method for controlling a budget of each department in an organization is provided in an operational environment which includes a plurality of terminal units electrically connected to a host via an electronic communications network. Firstly, a user stores a total budget of a department in the host. Secondly, a user sends a purchase requisition of the department from a terminal unit of that department to the host via the network. Thirdly, the host calculates a budget balance of the department according to the total budget and a history of expenses of the department that is stored in the host. Finally, the host determines if a total cost of the purchase requisition exceeds the budget balance of the department. If the total cost is within the budget balance, the host sends purchase order to an appointed supplier. Otherwise, the host sends an alarm to the user.

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Patent Owner(s)

Patent OwnerAddress
HON HAI PRECISION IND CO LTD66 CHUNG SHAN ROAD TU-CHEN TAIPEI HSIEN

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Mao, Wenbo Shen Zhen, CN 30 941

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