Expenditure tracking check

Details Expenditure tracking check Expenditure tracking check

1997-07-30

1999-06-29

Shalwala, Bipin

Image analysis

Applications

Reading bank checks

382139, 382175, 283 57, 283 58, G06K 900, G06K 920, G06K 932, G06K 934

Patent

active

059179317

ABSTRACT:
An improved system and method is provided for automatically tracking check transactions and generating an expenditure statement thereof using printed bank checks having a plurality of graphic icons disposed thereon. The customer marks the icon which describes the particular expense for which the check payment is being made. The payor bank or a check processing center scans each check to determine which icon(s) have been marked for each particular check transaction. Recorded expenditures are then automatically recorded in a cumulative transaction record. Periodically, this information is organized into a detailed expenditure statement that can be provided to the bank customer.

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