Method and apparatus for automating accounting with check vouchers

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United States of America Patent

PATENT NO 8315924
SERIAL NO

12497450

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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One embodiment of the present invention provides a system that facilitates automated accounting. During operation, the system receives a check voucher at a system, wherein the check voucher corresponds to a check. Next, the system performs an optical character recognition (OCR) operation on the check voucher to identify a set of tokens printed on the check voucher. The system then searches a dictionary of tokens for open invoices to identify a match between the set of tokens printed on the check voucher and tokens associated with an open invoice. Next, the system determines an amount of the check by determining the value of an amount token printed on the check voucher. Finally, the system applies a payment for the amount of the check to the open invoice.

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Patent Owner(s)

  • INTUIT INC.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Ganesan, Rajalakshmi Los Altos Hills, US 4 67
Laaser, William T Palo Alto, US 31 528
Schneider, James Alan San Jose, US 6 208

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