Account reconciliation methods and systems

Details Account reconciliation methods and systems Account reconciliation methods and systems

2000-12-22

2008-03-04

O'Connor, Gerald J. (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Accounting

Reexamination Certificate

active

07340421

ABSTRACT:
Computer-based methods and systems for managing and tracking account reconciliation are described. The method includes accessing an account reconciliation system after logging onto the system, receiving account information from a centralized database, and submitting accounting entries to balance the account. A new account variance is then calculated and reported to a user based on pre-established criteria. In another aspect, a system for practicing the account reconciliation method is provided. The system includes at least one computer and server configured to read, receive, store input account information and compute account variances based on received information.

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