Ruth A Maticic

Title: Ruth A Maticic: Innovator in Financial Reporting

Introduction

Ruth A Maticic is a notable inventor based in Elkridge, MD (US). She has made significant contributions to the field of financial reporting through her innovative patent. Her work focuses on enhancing the efficiency of balance sheet generation, particularly in relation to operating materials and supplies costs.

Latest Patents

Ruth A Maticic holds a patent for a "Method for generating a balance sheet that includes operating materials and supplies costs." This inventive practice involves selecting a transaction code in an ERP system, which is characterized by cost elements that significantly entail OM&S costs. The process includes generating ERP reports by drilling down from cost elements to commitment costs, obligation costs, and actual costs. Raw worksheets are created by importing data from these ERP reports, and data is further processed to produce intermediate pivot tables and a master worksheet. Ultimately, summary pivot tables are generated from the master worksheet, providing a comprehensive overview of financial data.

Career Highlights

Ruth has had a distinguished career, working as an inventor while being associated with the USA as represented by the Secretary of the Navy. Her innovative approach to financial reporting has set her apart in her field.

Collaborations

Ruth has collaborated with notable coworkers, including Gilbert F Lee and Tami L Ellinger, contributing to her success and the advancement of her innovative methods.

Conclusion

Ruth A Maticic's contributions to financial reporting through her patent demonstrate her innovative spirit and dedication to improving operational efficiency. Her work continues to influence the way financial data is managed and reported.