Patent ID: 8442881
Filing Date: 2013-05-14
Classification: G06Q

Abstract:
1. A method in a data processing system of classifying a financial transaction, comprising: receiving transaction information associated with a financial transaction from a user; receiving a source document associated with the financial transaction; storing the transaction information and source data associated with the source document in a database; retrieving the stored transaction information and the source data from the database; determining a code associated with the financial transaction based on the retrieved transaction information and the retrieved source data; providing the determined code as a suggested code to a user; receiving a selection or rejection of the suggested code for the financial transaction by the user, wherein the selection comprises the user selecting the suggested code for the financial transaction, wherein the rejection comprises the user rejecting the suggested code for the financial transaction, and wherein a response to the rejection comprises one of providing an alternate suggested code to the user or receiving a manually inputted code from the user; and updating the database to reflect the received user selection or rejection information of the suggested code for the financial transaction, wherein the received user selection or rejection information of the suggested code is usable in determining and providing suggested codes for subsequent transaction information received, and wherein the method steps are performed by a processor in the data processing system.