Process for electronically maintaining financial records, especially for checkbook balancing and rectification

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United States of America Patent

PATENT NO 4737911
SERIAL NO

06742411

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Abstract

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A process for maintaining financial records, such as checkbook balances, in which a checking account user employs a hand-held calculator to record the usual checkbook data electronically. The calculator is programmed to calculate and memorize a first running balance dependent upon numeric data entered by the user. A financial institution maintains a second running balance dependent upon the user's checks and deposits and periodically provides the user with a magnetic card on which the second running balance and other data have been recorded. The card is read by the user's calculator to balance the user's checkbook.

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Patent Owner(s)

Patent OwnerAddress
SHAPIRO NELSON HROCKVILLE MD

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Freeman, Jr John W Houston, TX 3 159

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