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US Patent 11887078 Double entry-multivariable accounting for reconciliation of bank trust accounts

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Contents

Is a
Patent
Patent
0

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
118870780
Patent Inventor Names
Edward Kellman0
Date of Patent
January 30, 2024
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Patent Application Number
178456510
Date Filed
June 21, 2022
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Patent Citations
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US Patent 10616324 Decentralized ledger system and method for enterprises
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US Patent 11468412 System and method for composite cryptographic transactions
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US Patent 6904411 Multi-processing financial transaction processing system
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US Patent 7177834 Machine-implementable project finance analysis and negotiating tool software, method and system
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US Patent 8126798 System and method for margin loan securitization
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US Patent 8332286 Accounting accuracy methodology
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US Patent 8433634 Systems and methods for providing a benefit product with periodic guaranteed income
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US Patent 8494927 Method for providing a web-based payroll and payroll related software as a service
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Patent Primary Examiner
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Frantzy Poinvil
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CPC Code
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G06Q 20/40
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G06Q 40/02
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G06Q 40/10
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G06Q 40/12
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G06Q 20/10
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G06Q 20/3221
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G06Q 20/326
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G06Q 20/389
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Patent abstract

Methods and systems for multivariable reconciliation of trust accounts are disclosed. The methods and systems can include acquiring transaction data for transactions in one or more trust accounts including a plurality of extrinsic variables. A plurality of variable ledgers can be produced from the transaction data and the extrinsic variables, including an account transaction ledger, a customer transaction ledger, and a job transaction ledger. The plurality of variable ledgers can then be reconciled internally and amongst the other variable ledgers. The reconciled overlapping data between the account transaction ledger, the customer transaction ledger, and the job transaction ledger, can then be incorporated to produce a multivariable ledger, which can be presented to or analyzed by an operator through an input device.

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