07917410 is referenced by 1 patents and cites 19 patents.

A method for real time accrual basis accounting may involve detecting a purchase made via a computer network and obtaining a guarantee for the payment via the network based on the determined method of payment. The guarantee may be an escrow account or an insurance policy that guarantees payment. The premium may be charged back to the client. At least a portion of the proceeds of from the sale may be recorded as income in a general ledger database in real time. Network-enabled assets may provide automated depreciation updates to further automate the accounting process.

Title
Real-time accounting using wireless traffic control
Application Number
10/134261
Publication Number
7917410 (B2)
Application Date
April 29, 2002
Publication Date
March 29, 2011
Inventor
Nobuyoshi Morimoto
Taipei
TW
Agent
Meyertons Hood Kivlin Kowert & Goetzel P C
Robert C Kowert
IPC
G07B 17/00
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