Method and apparatus for providing a clean accounting close for a real time billing system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jul 18, 2000
Grant Date -
N/A
app pub date -
May 14, 1997
filing date -
May 14, 1997
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A real time billing system for accounts that locks out transaction events when the billing process is underway is provided. When a transaction event is received that should be posted to an account during the billing process, the account is locked. It is determined if the next bill time is in the past for the account and if it is, close billing of the account is performed on the account without billing the transaction event. After close billing of the account is finished, the transaction event may be posted to the account and the account unlocked.
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