Peter Himmighoefer

Title: Innovations by Peter Himmighoefer

Introduction

Peter Himmighoefer is a notable inventor based in Roemerberg, Germany. He has made significant contributions to the field of financial reporting and accounting systems. With a total of 2 patents, his work focuses on integrating market segment attributes with accounting data to enhance financial reporting.

Latest Patents

Himmighoefer's latest patents include a financial reporting system that integrates market segment attributes and accounting data. This innovative system allows for the creation of a universal journal entry, enabling users to define relevant characteristics for a market segment. The system appends the structure of a financial document to provide a linkage to these market segment characteristics. When generating financial documents, such as profit and loss (P&L) statements and balance account line items, the system defines a market segment with determined characteristics stored in the line item based on business process-dependent rules. For instance, when posting information on a sales order item, the system can read sales order data and input customer, product, and other relevant sales order information. This approach allows for enriched reporting, including flexible market segment reporting at the line item level, providing intuitive access to defined characteristics and enabling detailed drill-down into P&L and balance account information.

Another significant patent focuses on accelerated disaggregation in accounting calculations through pinpoint queries. This method distributes work among multiple tasks for parallel execution. Pinpoint queries run within these tasks return specific accounting cost senders associated with a given accounting cost receiver. The database is organized to handle repeated multiple pinpoint queries, resulting in superior performance compared to traditional methods that attempt to match senders with receivers in a common task.

Career Highlights

Peter Himmighoefer is currently employed at SAP SE, a leading company in enterprise software solutions. His work at SAP has allowed him to develop and refine his innovative ideas in financial reporting and accounting systems.

Collaborations

Himmighoefer collaborates with talented professionals such as Stefan Walz and Joachim Welte, contributing to the advancement of financial technologies.

Conclusion

Peter Himmighoefer's contributions to financial reporting and accounting systems demonstrate his innovative spirit and commitment to enhancing business processes. His patents reflect a deep understanding of market segment integration and accounting efficiency, making him a valuable figure in the field of financial technology.