Intuit, Inc.

Patanjali Bhatt

Lisa S Jorgensen

Daniel B Steinberg

Joseph A Schrader

Charles A Altekruse

Requirements, principles or guidelines of an accounting standard such as Generally Accepted Accounting Principles (GAAP) are transformed or codified into rules that specify how form, content and/or style of a certain portion of a financial statement, such as a header, should be configured while complying with the accounting standard. A rule engine compares attributes related to a financial statement and rules to determine which rule applies, and a selected rule specifies a header configuration. Relevant data received or retrieved from a source is used to generate or populate the header such that the header is automatically generated while complying with the accounting standard.

Methods systems and computer program products for generating financial statement complying with accounting standard

A method for applying pagination includes receiving a request to print a report spanning multiple files, gathering, in response to the request, multiple attributes for the report, and selecting, according to the attributes, multiple pagination rules. Each pagination rule includes a pagination requirement. The method further includes after receiving the request, processing each file by obtaining a document from the file, selecting a pagination rule, corresponding to the document, generating a modified version of the document by applying the pagination requirement in the pagination rule to the document, and appending the modified version of the document to the report. The method further includes dispatching the report to a printer.

Method and system for applying pagination to a report

A method of classification within an accounting application, including receiving metadata from users of the accounting application, where the metadata includes one or more user defined classification tags associated with one or more accounts of the accounting application, creating one or more community defined classification tags from the metadata, where the one or more community defined classification tags specify an category organization of the one or more accounts within the accounting application, and sending, in response to a request from a particular user's instance of the accounting application, the one or more community defined classification tags to the particular user's instance of the accounting application.

Community contributed rules in online accounting systems

A method for identifying fixed asset transactions in multiple financial transactions. The method includes obtaining financial transaction records describing the multiple financial transactions and generating an unverified fixed asset transaction list. Generating the unverified fixed asset transaction list includes, for each financial transaction record, determining whether the financial transaction record conforms to at least one asset identification rule. Each asset identification rule corresponds to a confidence level of the asset identification rule. When the financial transaction record conforms to the at least one asset identification rule, generating the unverified fixed asset list further includes generating a confidence level of the financial transaction record based on the confidence level of the at least one asset identification rule, and inserting the financial transaction record and the confidence level of the financial transaction record in the unverified fixed asset transaction list.

Method and system for identifying fixed asset transactions from multiple financial transactions

A method for preparing a financial statement for a member of a group of members participating in a community system. The method includes submitting a request to the community system for an accounting adjustment rule. The request includes an attribute of the member, an adjustment rule type, and an account of a general ledger of the member. The accounting adjustment rule is used to adjust a trial balance of the general ledger, obtaining the accounting adjustment rule from the community system based on the request, making an adjustment in the account based on the accounting adjustment rule to obtain an adjusted trial balance, validating the adjusted trial balance of the general ledger subsequent to making the adjustment, and preparing the financial statement for the member upon validating the adjusted trial balance. The accounting adjustment rule is contributed to the community system by at least one of the group of members.

System and method for providing accounting adjustment rules in trial balances

A technique for performing a financial calculation is described. In this calculation technique, initial financial values are rounded based on a rounding criterion, and a total financial value is calculated by summing the rounded financial values. Based on the rounded financial values, associated rounding error values are computed. These rounding error values are then summed to determine a total error value. Moreover, the total error value is rounded based on the rounding criterion, and the resulting rounded total error value is used to correct a rounding error in the total financial value.

Technique for correcting round-off errors

A method for creating an after-the-fact (ATF) payroll journal, including identifying a payroll check cashed at a financial institution, where the payroll check is issued to an employee during a payroll period for payment via a financial institution, obtaining, using a processor of a computer system, an electronic image associated with the payroll check, extracting, using the processor, payroll check information from the electronic image, validating, using the processor, the payroll check information based on a pre-determined criterion, where the payroll check information includes a payee name, a check date, and a check amount, and generating, using the processor, an entry of the ATF payroll journal from the payroll check information based on a pre-determined payroll rule, where the entry includes an amount of tax withholding of the employee for the payroll period.

Automatic creation of after-the-fact payroll journal

Embodiments of the present disclosure relate to software for prioritizing client engagements at accounting practices. The disclosure describes various data inputs, a business objectives preference module, an optimization engine, user schedule(s), and, in an embodiment, a database or data warehouse. The optimization engine receives requests for new clients, requests for new projects for existing clients, or the like, receives business objectives, receives a current client engagement schedule and receives various additional input data, preferences, or user settings. The engine outputs an updated client engagement schedule, including, for example, whether undertaking the new client or project is advisable based on some or all of the input data.

Prioritizing client engagements at accounting practices

A software product, computer implemented method, and system provide an integrated user interface having three simultaneously displayed items of information, including a list of transaction instructions, a list of uncleared transactions, and a list of cleared transactions. The simultaneous display, and interaction between the lists, provides for integration of various tasks separately associated with personal finance software products and with online banking products. Two account balances are also simultaneously displayed, a balance for cleared transactions, and a separate balance based on both cleared and uncleared transactions. The two balances provide the user with a complete view of the status of their account and available funds. The software product and system supports online bill payment, electronic funds transfer, and checkbook transactions, without requiring navigation through multiple, separate user interfaces for different modules of the product.

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Cupertino, CA, United States of America

Patanjali Bhatt