Multi-company business accounting system and method for same including financial reporting
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United States of America Patent
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Jun 19, 2012
Grant Date -
Feb 25, 2010
app pub date -
Aug 3, 2009
filing date -
Aug 1, 2008
priority date (Note) -
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status (Latency Note)
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Abstract
In at least one embodiment of the present invention, a computer implemented method of financial reporting using a multi-company accounting system is provided. The method comprises specifying at least one distinct Natural Account Segment per report line of a plurality of report lines of the financial report via input from an interface user into the multi-company accounting system to define a report setup. The Natural Account Segment defines a specific type of one of an asset, liability, owner equity, revenue and expense account. The report lines are arranged into a tree view with the multi-company accounting system. The tree view defines a hierarchical format for the financial report and is displayable on a display of a computer arrangement.
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