US Patent:
20130191256, Jul 25, 2013
Inventors:
Susan M. Soo - Carmel Valley CA, US
Assignee:
LCR-Dixon Corporation - Bel Air MD
International Classification:
G06Q 40/00
Abstract:
Accounting functionality integratable into an ERP system such as, e.g., SAP is described. The functionality provides multiple features including automatically reconciling vendor-billed tax such as on manual or automatic invoices and tax calculated by third party tax software. The functionality is configurable to automatically decide if a particular document is to be processed based on various parameters. Appropriate outputs may be made to accounting records. In one aspect, the functionality includes calculating and recording tax accruals on various sources including inventory movements. In one aspect, automation of the process of evaluating the accuracy of transaction tax results on procure-to-pay and order-to-cash transaction data is described.
