Importance

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Abstract

The present invention relates to a financial software module or process for tracking, allocating, documenting, and facilitating the reimbursement of expenses. The module or process includes budgeting, incurring, recording, and tracking expenses, allocating expenses for reimbursement, documenting expenses, and facilitating the reimbursement of the expenses. The initial receipt of expenses may occur automatically or manually, and expenses are tracked more easily as the expenses may be entered and tracking may begin as soon as the expenses are incurred. Documentation of received and tracked expenses may be provided and linked to the tracked expenses. Because expenses may be tracked and documented immediately upon incurring the expenses, the reimbursement of the expenses is facilitated and accelerated. The module or process works equally well with cash expenditures, and allows for the continual monitoring of budgets from multiple accounts to prevent unknowing overspending beyond budgeted amounts.

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First Claim