Patent ID: 8788412
Filing Date: 2014-07-22
Classification: G06F,G06Q

Abstract:
1. A method of processing tax data for sales or purchase of goods or services, said method comprising the steps of: uploading a data file containing information regarding taxes collected or paid for a plurality of transactions into a database accessible by a computer program; processing said data file by said computer program; displaying to a system user of said computer program information relevant to one or more records of said data file in said database after said processing step, the system user being a customer-type user of said computer program that utilizes said computer program for processing tax data provided by the system user; allowing the system user to input an action to be taken with respect to said displayed information; storing said inputted action in said database in association with said one or more records to which said displayed information is relevant; utilizing said inputted action for further processing of said one or more records; and displaying to the system user updated information relevant to said one or more records following said utilizing step; wherein said inputted action applies a net credit taxes collected or paid for a particular transaction toward a future tax liability or to a like kind tax jurisdiction.