Patent ID: 7685030
Filing Date: 2010-03-23
Classification: G06Q

Abstract:
1. A computer-implemented method for operating on data representing an account, the method comprising: determining, by a computer system, a balance value corresponding to net sum of activity for an activity date that is set for an activity having an accounting impact using accounting impact date corresponding to latest accounting impact date among all journals affecting the balance value and a journal activity date corresponding to latest processing among all journals affecting the balance value; determining, by the computer system, an as-on value for the account for a given date, wherein the as-on value is an indicator of the balance for the account for the given date without taking into account adjustment values on subsequent processing dates and compensating values from prior processing dates, wherein determining the as-on value comprises summing balance values for all dates up to and including the given date using a computer system; determining, by the computer system, an as-of value for the account for the given date, wherein the as-of value is an indicator of the balance for the account for the given date taking into account adjustment values on subsequent processing dates and compensating values from prior processing dates, wherein determining the as-of value comprises summing balance values, adjustment values corresponding to sum of activity for the activity date to be applied on subsequent processing dates, and compensating values for all dates up to and including the given date corresponding to negative sum of activity for prior processing dates applied on the activity date using a computer system; and posting, in a database connected to the computer system via a network, an activity record representing account activity, wherein the activity record includes the activity date, the balance value, the accounting impact date, and the journal activity date.