Patent ID: 7131579

Claim:
An automatic journalizing method for use in an automatic journalizing system connected to user interfaces through a communication network, the method comprising the steps of: (a) determining a plurality of transaction outlines based on previously prepared transaction outlines; (b) matching previously prepared ‘accounts of debit and/or credit sides’ (hereinafter, accounts of D/C) with each of the plurality of transaction outlines to thereby obtain ‘account-matched transaction outlines’; (c) allotting a transaction classification code to each of the account-matched transaction outlines based on predetermined transaction classification criteria to thereby obtain ‘account-matched transaction outlines having transaction classification codes’, wherein the predetermined transaction classification criteria are present binary transaction classification criteria; (d) generating transaction outline information containing the ‘account-matched transaction outlines having transaction classification codes’ in a preset format to thereby render a transaction outline information database (hereinafter, referred to as “DB”); (e) controlling a user's access and log-in process to the system; (f) providing a search and input menu for allowing a user to retrieve transaction outlines, select a transaction outline and input transaction data; (g) automatically determining accounts of D/C corresponding to the transaction outline selected through the search and input menu; and (h) conducting automatic journalizing by using the determined accounts of D/C and the transaction data to thereby obtain accounting information and then storing the accounting information.