Patent ID: 7213064

Claim:
A method for job-based budget management of a business, the method comprising: providing a virtual job account and a virtual allocation account which combined correspond to an actual account, wherein each of said virtual job account and said virtual allocation account comprises a balance, which balance represents a fraction of funds available from said actual account; maintaining a user-defined numerical spending limit for each of the virtual job account and the virtual allocation account; allocating at least one transaction to at least one of the virtual job account and the virtual allocation account; automatically adjusting the balance of the virtual account to which the transaction is allocated in real time according to the allocated transaction; inputting said user defined numerical spending limit and said balance into a computer; comparing said adjusted balance of the virtual account to which the transaction is allocated to said user-defined numerical spending limit of the corresponding account; accessing results of said comparison; and managing said job-based budget based on said results of said comparison.