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.

Date of Patent:
Feb. 26, 2013

Filed:

Feb. 27, 2009
Applicant:

Patanjali Bhatt, Cupertino, CA (US);

Inventor:

Patanjali Bhatt, Cupertino, CA (US);

Assignee:

Intuit Inc., Mountain View, CA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01);
U.S. Cl.
CPC ...
Abstract

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.


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