Grouping selected transactions in account ledger
View Patent ↗At the time transactions are entered into accounting software data records, a user is given the option of creating a transaction group for transactions expected to appear in an external statement as a single entry. A persistent record of the association of selected transactions is maintained in the data records, and a total for transaction groups is displayed to the user during the reconciliation of the data records with the external statement. The user may then easily reconcile multiple entries in the data records which were consolidated in the external statement.
1. An apparatus facilitating account statement reconciliation, comprising:
association means persistently associating selected transactions within data records of an account to form a transaction group which is treated as a single transaction, wherein the selected transactions were paid or deposited together; and
display means for displaying a total of the transaction group when the selected transactions within the transaction group are individually displayed, wherein the total of the transaction group can be readily reconciled with a consolidated entry in an external account statement.
2. The apparatus of claim 1 , further comprising:
indication means for displaying a visual indicator of the association of the selected transactions within and forming the transaction group when the selected transactions within the transaction group are individually displayed.
3. A computer program product use with a data processing system, comprising:
a first instruction set embodied within a computer usable medium associating selected transactions within data records of an account to form a persistent transaction group having a data record distinct from data records for the selected transactions, allowing the transaction group to be selectively treated as either a single transaction or as a plurality of individual transactions, wherein the selected transactions were paid or deposited together; and
a second instruction set embodied within a computer usable medium displaying a total of the transaction group when the selected transactions within the transaction group are individually displayed, wherein the total of the transaction group can be readily reconciled with a consolidated entry in an external account statement.
4. The computer program product of claim 3 , further comprising:
a third instruction set embodied within a computer usable medium for displaying a visual indicator of the association of the selected transactions within the transaction group when the selected transactions within the transaction group are individually displayed.