SYSTEM AND METHODS FOR IMPLEMENTING A TRANSITION TO MULTI-BOOK ACCOUNTING IN A REAL-TIME FINANCIAL MANAGEMENT SYSTEM

SYSTEM AND METHODS FOR IMPLEMENTING A TRANSITION TO MULTI-BOOK ACCOUNTING IN A REAL-TIME FINANCIAL MANAGEMENT SYSTEM

Systems and methods for transitioning to a multi-book accounting system involving first and second accounting books, processing real-time transactions received through a network by applying a first set of accounting rules corresponding to the first accounting book to the real-time transactions to pr...

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Bibliographische Detailangaben
Hauptverfasser: YE MICHAEL (XIAOZHENG), CLODE STEPHEN, PURVILLE BRIAN ALEXANDER, WANG HUI
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Systems and methods for transitioning to a multi-book accounting system involving first and second accounting books, processing real-time transactions received through a network by applying a first set of accounting rules corresponding to the first accounting book to the real-time transactions to produce the first accounting book, and applying a second set of accounting rules corresponding to the second accounting book to the real-time transaction to produce the second accounting book, where the second set of accounting rules differs from the first set of accounting rules. The first and second rules may correspond to first and second sets of attributes such that every transaction includes necessary attributes for causing data to be stored in attribute appropriate books.