Oracle International Corporation

Gerald Goodbody

Sunil Sama Reddy

Srinath Reddy Kayitha

Lynne Rossi

Shyamsundar Santhanam

Systems and methods of a reconciliation engine for accrual accounts associated with purchase order documents are provided. The reconciliation engine applies a set of business rules a set of purchase order documents for which the accrual account is nonzero. The business rules allow the system to determine discrepancies that are inconsequential and may be disregarded. Those accounts are marked for clearance and automatically cleared. An interface is provided to reverse the automatic clearance, as well as to adjust accrual accounts manually.

Automated accrual account reconciliation

Systems, methods and user interfaces that facilitate the reconciliation process in computerized accounting systems are provided. An advantageous feature of aspects of the account reconciliation systems and method provide that two types of entries are grouped together and their sums compared to determine if grouped entries are balanced. In addition, user interfaces that allow users to understand what entries are out of balance and to obtain further information regarding those entries can also be combined with the systems and methods to expedite the process of explaining out of balance entries.

Growing community of inventors

Castro Valley, CA, United States of America

Gerald Goodbody