Patent ID: 7574385
Filing Date: 2009-08-11
Classification: B67D,G06Q

Abstract:
1. A method of providing virtual real-time status of sales transactions in order to perform a liquid product fuel reconciliation regardless of ongoing sells, the method comprising: receiving a request to perform a liquid product book to physical reconciliation for one or more storage tanks; identifying a duration for accumulation of measurement data used for said reconciliation; during said identified duration, monitoring a status of one or more dispensers for dispensing liquid product from said one or more storage tanks to detect one or more dispensers actively dispensing liquid product beyond the end of said identified duration; calculating one or more pseudo dispenser readings for at least one of said one or more detected dispensers active beyond the end of said identified duration by extrapolating a pair of measurement readings taken at said one or more detected dispensers; and based on said status of said one or more dispensers and said one or more pseudo dispenser readings, updating at least one of (i) a physical inventory, and (ii) a book value to appropriately determine the book to physical reconciliation.