Accounting processor and method for automated management control

Details Accounting processor and method for automated management control Accounting processor and method for automated management control

1997-10-20

2000-05-02

Trammell, James P.

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

Automated electrical financial or business practice or...

Accounting

G06F 1760

Patent

active

060583754

ABSTRACT:
An automatic accounting processor and method far automatically performing an accounting procedure for transaction data on a real time basis through menu selection and input or a data communication network on a computer system, by standardizing, formulating and compounding a management control business of an enterprise. The automatic accounting processor includes a transmitter/receiver, a display/input unit, a storage unit, a processing unit, and an output unit. The automatic accounting processor and method allows an automatic accounting procedure without an accounting knowledge. Also, an accounting procedure and a balancing operation procedure are performed on a real time basis, by automatically controlling errors generated during the accounting procedure, thereby realizing an effective management control.

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