ALEXANDRIA, Va., June 9 -- United States Patent no. 12,650,974, issued on June 9, was assigned to Oracle International Corp. (Redwood Shores, Calif.).
"Automatically and intelligently creating journal entries to solve mismatches identified via the intercompany elimination reporting process" was invented by Pradeep Bansal (Karnataka, India), Margaret Reed (Paducah, Ky.), Sunil Sahu (Karnataka, India), John D. Clark Jr. (Pepperell, Mass.), Varghese Mathew (Karnataka, India), Thomas Lefebvre (Danbury, Conn.) and Tim Gaumont (Mesa, Ariz.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer-readable media are provided for automatically and intelligently creating journal entries, such as j...