초록 ▼

A system integrates credit card transactions into a financial management system used by a company to track and control budgets, etc. The system provides the controls and accounting for credit card transactions found for other types of transactions within the financial management system. The inventio

A system integrates credit card transactions into a financial management system used by a company to track and control budgets, etc. The system provides the controls and accounting for credit card transactions found for other types of transactions within the financial management system. The invention limits the card transactions using various limits not available to a credit card issuer and ensures that the transactions comply the financial system controls. The transactions can be obligated prior to or during the actual transaction with the bank and thereby subjected to the controls of the financial management system. Obligated transactions can be authorized for immediate payment. The invention provides for the complete reconciliation of the credit card transactions with bank records after the transactions occur using the obligation function to capture the transaction before it occurs, even the transactions that are immediately paid. The system reconciles the transactions recorded by the bank with those recorded in the financial system and updates budget, plan, project, and ledger entries accordingly. The system also allows cardholders to identify disputes and track the correspondence with the card issuer over the dispute.

대표청구항 ▼

1. An integration system associable with a credit card issuing system issuing credit cards to multiple users of an organization with each of the cards having issuer limits and said integration system comprising:an organization financial management system providing control and accounting for financia

1. An integration system associable with a credit card issuing system issuing credit cards to multiple users of an organization with each of the cards having issuer limits and said integration system comprising:an organization financial management system providing control and accounting for financial transactions of the multiple users within the management system, and providing financial system limits; and a credit card management system associated with the financial management system and the credit card issuing system, and providing spending control for credit card transactions using the financial system limits imposed by the organization and providing accounting for the credit card transactions within a general ledger of the financial management system.