INTELLECTUAL ASSET TIME AND EXPENSE ENTRY MANAGEMENT
Example embodiments relate to time and expense entry management for intellectual asset records. An example embodiment includes a method of creating a time/expense entry for an intellectual asset record stored within an intellectual asset management system. The method includes detecting closure of a task associated with an intellectual asset record and comparing a task type of a time/expense template to the closed task. The method additionally includes determining a match of the task type to the task, and in response to determining the match, creating a time/expense entry for the intellectual asset record.
1 . A method of creating a time/expense entry for an intellectual asset record stored within an intellectual asset management system, the method comprising:
detecting closure of a task associated with the intellectual asset record;
comparing a task type of a time/expense template to the task;
determining a match of the task type to the task; and
in response to determining the match, creating a time/expense entry for the intellectual asset record.
2 . The method of claim 1 , further comprising utilizing one or more time/expense template units, in addition to the task type, in creation of the time/expense entry.
3 . The method of claim 2 , wherein the one or more time/expense template units comprise at least one of an expense, a billing rate, and an additional action.
4 . The method of claim 3 , wherein the billing rate comprises an amount to charge for services rendered in performance of the task matched to the task type of the time/expense template.
5 . The method of claim 4 , wherein the billing rate comprises one of a fixed monetary amount and a time unit monetary amount.
6 . The method of claim 3 , further comprising performing one or more predetermined additional steps upon closure of the task, as defined by the additional action.
7 . The method of claim 6 , wherein the one or more predetermined additional steps comprise at least one of constructing a bill, sending a message, and opening a new task.
8 . The method of claim 6 , wherein the one or more predetermined additional steps are further determined by at least one of an intellectual asset type, a client, and the service performer.
9 . The method of claim 1 , wherein the time/expense entry for the intellectual asset record comprises at least one of a recorded time, a service performer, a completed service, an incurred expense, a total, a billable amount, and a paid amount.
10 . The method of claim 9 , further comprising calculating the total using the billing rate, wherein the billing rate is based upon at least one of an intellectual asset type, a client, and the service performer.
11 . The method of claim 1 , further comprising constructing a bill using values from the time/expense entry.
12 . The method of claim 11 , further comprising one of sending the bill to a client entity and designating that the bill requires review.
13 . A computer storage medium having computer executable instructions stored thereon for performing the method of claim 1 .
14 . An intellectual asset management (IAM) server comprising:
at least one memory device for storing one or more intellectual asset records; and
a controller operatively connected to the at least one memory device, wherein the controller is configured to:
detect closure of a task associated with an intellectual asset record, compare a task type of a time/expense template to the task,
determine a match of the task type to the task, and
in response to determining the match, create a time/expense entry for the intellectual asset record.
15 . The IAM server of claim 14 , wherein the controller further utilizes one or more time/expense template units, in addition to the task type, in creation of the time/expense entry.
16 . The IAM server of claim 15 , wherein the one or more time/expense template units comprise at least one of an expense, a billing rate, and an additional action.
17 . The IAM server of claim 16 , wherein the billing rate comprises an amount to charge for services rendered in performance of the task matched to the task type of the time/expense template.
18 . The IAM server of claim 17 , wherein the billing rate comprises one of a fixed monetary amount and a time unit monetary amount.
19 . The IAM server of claim 16 , wherein the controller further performs one or more predetermined additional steps upon closure of the task, as defined by the additional action.
20 . The IAM server of claim 19 , wherein the one or more predetermined additional steps comprise at least one of constructing a bill, sending a message, and opening a new task.
21 . The IAM server of claim 19 , wherein the one or more predetermined additional steps are further determined by at least one of an intellectual asset type, a client, and the service performer.
22 . The IAM server of claim 14 , wherein the time/expense entry for the intellectual asset record comprises at least one of a recorded time, a service performer, a completed service, an incurred expense, a total, a billable amount, and a paid amount.
23 . The IAM server of claim 22 , wherein the controller further calculates the total using the billing rate, wherein the billing rate is based upon at least one of an intellectual asset type, a client, and the service performer.
24 . The IAM server of claim 14 , wherein the controller further constructs a bill using values from the time/expense entry.
25 . The IAM server of claim 24 , wherein the controller further performs one of sending the bill to a client entity and designating that the bill requires review.