Patent ID: 8090653
Filing Date: 2012-01-03
Classification: G06Q

Abstract:
1. A multiple agency transaction accounting system including: A. a plurality of point of service stations for conducting, for multiple agencies, respective agency transactions, wherein each agency is associated with a different set of various reporting requirements, fees and commissions; B. a universal transaction encoding subsystem that receives agency transaction data from the plurality of stations and encodes the agency transaction data into universal transaction data; and C. a universal transaction settlement subsystem that parses and aggregates the universal transaction data into encoded agency-specific transaction data and provides to the respective agencies associated with the different set of various reporting requirements, fees, and commissions, the encoded agency-specific transaction data that conforms to reporting requirements of each respective agency, wherein for a particular agency transaction associated with a particular agency, a fee is provided to the particular agency and a commission is provided from the particular agency to an entity associated with a particular point of service station where the particular agency transaction was performed, to complete the transaction accounting.