System and Method for Inter-firm, Inter-office, Inter-company Billing and Financial Processing and Transfer Postings

摘要

The present invention consists of an improved System and Method for raising inter-frim invoices, processing transfers and postings. The system and method provides for raising invoices and processing transfers for processing directly between two entities, or through a plurality of entities all in one streamlined system. With this improved system and method, associated businesses or organizations may collect their cost sharing expenses across multiple entities seamlessly. Further, each entity may specify the frequency to receive invoices from other entities. With such an improved System, Inter-frim transfers and postings can be readily accomplished immediately, processing hundreds of thousands of time entries in less than one business day.

主权项

1. An improved System for the creation of inter-firm invoices and the transfer and settlement of transactions, wherein the firm is provided with an account and password for access to the System for timekeepers and personnel; the System is provided with a CPU and data storage; the improvement comprising an option for timekeeper to indicate code for local and billing firm.