WO2003003163A3 - A lease transaction management and accounting system - Google Patents

A lease transaction management and accounting system Download PDF

Info

Publication number
WO2003003163A3
WO2003003163A3 PCT/US2002/020487 US0220487W WO03003163A3 WO 2003003163 A3 WO2003003163 A3 WO 2003003163A3 US 0220487 W US0220487 W US 0220487W WO 03003163 A3 WO03003163 A3 WO 03003163A3
Authority
WO
WIPO (PCT)
Prior art keywords
lease
level
asset
rule
treated differently
Prior art date
Application number
PCT/US2002/020487
Other languages
French (fr)
Other versions
WO2003003163A2 (en
Inventor
Terri Hollar
Pam Schmid
Andy Kotlinski
David Rice
Jim Burke
Xiao Guo
Polly Kluvers
Ellen Andes
Gary Degregorio
John Werner
Jeff Gray
Lupi Messenger
Caleb Drake
Karen Smith
Michelle Mclean
Jeanette Johnson
Pramodkumar Sadalage
Matt Foemmel
Cecilia Sinclair
Monika Behnke
Eric Ruger
Original Assignee
Seismiq Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from US09/896,236 external-priority patent/US20030126047A1/en
Priority claimed from US09/896,263 external-priority patent/US20030126048A1/en
Priority claimed from US09/896,026 external-priority patent/US20030139985A1/en
Application filed by Seismiq Inc filed Critical Seismiq Inc
Priority to AU2002351565A priority Critical patent/AU2002351565A1/en
Publication of WO2003003163A2 publication Critical patent/WO2003003163A2/en
Publication of WO2003003163A3 publication Critical patent/WO2003003163A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Abstract

A system (100) is provided for effectively managing lease transactions in a comprehensive manner. Data is generated, processed, and stored at the lowest possible logical level in order to maximize the flexibility of a user to conduct processing at the asset, billing schedule (119), lease (110), account owner (111), master agreement, customer (117), or program level. Using a fully normalized data design, similar characteristics are treated similarly and different characteristics are treated differently. Unlike other systems, assets associated with the same lease can be treated differently without having to fake asset level processing by using multiple leases with one asset each, to represent one actual lease. A hierarchy of rule settings is enforced, whereby the rule at the lower more specific level trumps the rule at the higher or more general level. The system uses a highly encapsulated accounting engine which encapsulates accounting rules (122) in a transparent manner.
PCT/US2002/020487 2001-06-29 2002-06-28 A lease transaction management and accounting system WO2003003163A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002351565A AU2002351565A1 (en) 2001-06-29 2002-06-28 A lease transaction management and accounting system

Applications Claiming Priority (6)

Application Number Priority Date Filing Date Title
US09/896,236 2001-06-29
US09/896,263 2001-06-29
US09/896,236 US20030126047A1 (en) 2001-06-29 2001-06-29 Accounting engine for a lease transaction management and accounting system
US09/896,263 US20030126048A1 (en) 2001-06-29 2001-06-29 Asset-based lease transaction management and accounting system
US09/896,026 2001-06-29
US09/896,026 US20030139985A1 (en) 2001-06-29 2001-06-29 Lease transaction management and accounting system

Publications (2)

Publication Number Publication Date
WO2003003163A2 WO2003003163A2 (en) 2003-01-09
WO2003003163A3 true WO2003003163A3 (en) 2003-05-01

Family

ID=27420563

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/020487 WO2003003163A2 (en) 2001-06-29 2002-06-28 A lease transaction management and accounting system

Country Status (2)

Country Link
AU (1) AU2002351565A1 (en)
WO (1) WO2003003163A2 (en)

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US9348914B2 (en) 2001-12-18 2016-05-24 Caldvor Acquisitions Ltd., Llc Web-based asset management

Families Citing this family (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US10055792B2 (en) 2009-11-04 2018-08-21 Michael Price System and method for automated risk management appraisal
US9898203B2 (en) 2016-05-20 2018-02-20 Oracle International Corporation Replacing data structures for process control
CN111199464B (en) * 2019-12-02 2023-06-30 泰康保险集团股份有限公司 Processing system of collection data, processing method, device and medium of collection data
US11410180B2 (en) 2020-06-25 2022-08-09 Stripe, Inc. Database with dimensional balances updating

Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2001031482A2 (en) * 1999-10-22 2001-05-03 General Electric Capital Corporation Lease and loan sub-ledger accounting methods and system
US6449600B1 (en) * 1999-10-07 2002-09-10 Unisys Corporation System, method and computer program product for airport equipment information and exchange

Patent Citations (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6449600B1 (en) * 1999-10-07 2002-09-10 Unisys Corporation System, method and computer program product for airport equipment information and exchange
WO2001031482A2 (en) * 1999-10-22 2001-05-03 General Electric Capital Corporation Lease and loan sub-ledger accounting methods and system

Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US9348914B2 (en) 2001-12-18 2016-05-24 Caldvor Acquisitions Ltd., Llc Web-based asset management

Also Published As

Publication number Publication date
WO2003003163A2 (en) 2003-01-09
AU2002351565A1 (en) 2003-03-03

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