Architecture for account reconciliation
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United States of America Patent
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Feb 21, 2012
Grant Date -
Feb 24, 2005
app pub date -
Aug 19, 2003
filing date -
Aug 19, 2003
priority date (Note) -
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Abstract
An architecture and methodology provides a uniform approach for reconciling accounts in a manner that ensures proper controls, both legal and financial, are being met. In the described implementation, the architecture offers a web-based solution that facilitates online account reconciliation in a central and controlled method across many different divisions and business units, located within in the U.S. or around the world. The system architecture enables creation and maintenance of reconciliation profiles that define how different accounts are to be reconciled. The system architecture further supports creation of reconciliation documentations, based on the reconciliation profiles, which are used to reconcile individual accounts.
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