Transaction accounting payment and classification system and approach
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United States of America Patent
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Oct 26, 2010
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app pub date -
May 3, 2005
filing date -
Jun 9, 2004
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Abstract
Accounting data is classified to facilitate transaction processing and management. According to an example embodiment, data based rules are implemented for classifying transaction-related data into accounting categories. Accounting information is processed as a function of the data based rules and accordingly automatically classified. This approach involves, for example, the identification of particular data based rules to apply to the accounting information, applying the rules and processing the information accordingly.
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