Patent ID: 7146332

Claim:
A method of automatically tracking and balancing account receivable data comprising: submitting a billing data file to a processing entity, said billing data file comprising customer account records representing accounts receivable for a given carrier; determining each of said customer account records as one of at least two tracking data sets based on pre-defined criteria; computing a total amount of accounts receivable for said customer account records located in each tracking data set related to said given carrier; generating a total amount of processed accounts receivable related to said given carrier by adding the computed total amounts of accounts receivable of the at least two tracking data sets; comparing a total amount of pre-processed accounts receivable related to said given carrier to the total amount of processed accounts receivable related to said carrier, the total amount of pre-processed accounts receivable being the total amount of the accounts receivable inputted to the processing entity by said carrier; creating a discrepancy report comprising said carrier if the total amount of pre-processed accounts receivable does not equal the total amount of processed accounts receivables; and creating a settlement report for said carrier if the total amount of pre-processed accounts receivable equals the total amount of processed accounts receivable.