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:
Jul. 01, 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 rules to execute periodic allocations of funds in a hierarchal accounting structure may include receiving an allocation rule, comprising a source account, a rule for determining a first amount, a parent account, and an allocation basis; accessing a multidimensional data cube comprising a hierarchal arrangement and aggregated balances for each level of the hierarchal arrangement; generating an allocation scenario by allocating the first amount to the aggregated balances for the one or more child accounts according to the allocation rule; generating one or more accounting journal entries corresponding to the allocation scenario; posting the one or more accounting journal entries to a general ledger associated with a relational database; and updating, using the relational database, the multidimensional data cube to reflect the allocation scenario.