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:
Jun. 30, 2009
Filed:
May. 17, 2001
Robert D. Rugge, Everett, WA (US);
Eric A. George, Redmond, WA (US);
Sigmund Mandel, Seattle, WA (US);
Robert D. Rugge, Everett, WA (US);
Eric A. George, Redmond, WA (US);
Sigmund Mandel, Seattle, WA (US);
Microsoft Corporation, Redmond, WA (US);
Abstract
A method and system for automatically estimating budget items based on past transactions and generating a cash flow forecast for one or more accounts. A budget item is determined for each of a plurality of categories of transactions. A frequency and amount of each budget item is determined as a function of an actual transaction count, a date span of actual transactions, and a sum of actual transaction amounts—all of the transactions occurring in the past. For each budget item, a cash flow transaction is determined as a function of a posting date criterion and a selected forecast period. A running balance of the cash flow transactions is determined and displayed. Through the display, a user is enabled to modify individual cash flow transactions to generate a new cash flow forecast, or generate an alternate cash flow forecast that can be compared to the original cash flow forecast.