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:
Apr. 29, 2014
Filed:
Apr. 27, 2012
Abhijit Dhakephalkar, Hyderabad, IN;
David Haimes, Belmont, CA (US);
Arunesh C. Banerjee, Fremont, CA (US);
Zeesha Currimbhoy, Mountain View, CA (US);
Robert Zwiebach, San Mateo, CA (US);
Rondy NG, Redwood Shores, CA (US);
Abhijit Dhakephalkar, Hyderabad, IN;
David Haimes, Belmont, CA (US);
Arunesh C. Banerjee, Fremont, CA (US);
Zeesha Currimbhoy, Mountain View, CA (US);
Robert Zwiebach, San Mateo, CA (US);
Rondy Ng, Redwood Shores, CA (US);
Oracle International Corporation, Redwood Shores, CA (US);
Abstract
A method of using a formula to execute periodic transfers in a hierarchal accounting structure includes receiving a transfer formula that may comprise a source account, a target account, an offset account, an account characteristic, and a formula for determining a first amount of the source account based on the account characteristic. The method may also include accessing a multidimensional data cube with a hierarchal arrangement and aggregated balances for each level. The method may additionally include generating a transfer scenario by transferring the first amount to the aggregated balance for the target account according to the transfer formula, and generating one or more accounting journal entries corresponding to the transfer scenario. The method may further include posting the one or more accounting journal entries to a general ledger associated with a relational database; and updating the multidimensional data cube to reflect the transfer scenario.