Patent ID: 8126785

Claim:
A classification engine for processing transaction documents having line item accounting data, the classification engine comprising: an association processor arrangement configured and arranged, for each of a plurality of transaction parties, to access user profiles including information about each transaction party for controlling each transaction party's access to the classification engine and for associating transaction documents with a particular transaction party, and associate transaction documents with a transaction party as a function of the user profiles and information in the transaction document; and a classification processor configured and arranged, for each transaction document associated with a particular one of the transaction parties by the association processor arrangement, to retrieve classification rules for the particular transaction party as a function of the association of the transaction document with the particular transaction party, the classification rules including information for classifying accounting data for the particular transaction party, identify, in response to and as a function of the associated transaction document, line item accounting data, and assign an accounting code to the identified accounting data for each line item as a function of the classification rules.