The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 20, 2009
Filed:
Jun. 04, 2004
Claus Wallacher, Belmont, CA (US);
Claus Wallacher, Belmont, CA (US);
SAP AG, Walldorf, DE;
Abstract
A method for allocating financial statement values across multiple accounts using precise values is provided. The method creates an n×m array of rounded allocation values, which are appropriately scaled according to share values for each account. According to one embodiment of the present invention, the method generates rounded allocation values by working across a given line item, account by account, then to a next line item. The method first calculates a relative portion of a respective line item value to be apportioned to accounts 1 to j for a given account j. The method then rounds the calculated portion according to a predetermined degree of precision. Finally, the method calculates a portion applicable to account j as a difference between the calculated portion and a portion calculated for a previous account j-1. The method repeats these steps for each account from a first account to a last account, then each line items from the first line item to the last line item in the financial statement.