Method and apparatus for managing accounts payable

Details Method and apparatus for managing accounts payable Method and apparatus for managing accounts payable

2005-12-06

2005-12-06

Poinvil, Frantzy (Department: 3628)

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

Automated electrical financial or business practice or...

Finance

C705S03600T

Reexamination Certificate

active

06973441

ABSTRACT:
The present invention is a method for operating a computer-based accounts payable system. The user inputs a bill that includes a billing code. The system then determines whether the billing code is present in the budget database. If the billing code is present in the budget database, the system approves payment of an amount associated with the billing code in the budget database. If the billing code is not present in the budget database, the system approves payment of a budget amount associated with the billing code in a default budget database. In the preferred embodiment, the system also checks whether a particular task has been completed before approving payment of said bill, and checks to insure that a previous bill covering the same task has not been paid previously.

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patent: 6493685 (2002-12-01), Ensel et al.
patent: WO 99/23589 (1999-05-01), None
Tom C. Davis, “PM software—managing, and more”, Accounting Technology, Boston: 2001, p. 22, 5 pages.

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