Michael S Hendricks

US Patent:

20070179871, Aug 2, 2007

Filed:

Jul 29, 2003

Appl. No.:

10/630596

Inventors:

Earlena Minor - Tracy CA, US
Michael Hendricks - Tracy CA, US

International Classification:

G06Q 40/00

US Classification:

705035000

Abstract:

A system and method is provided which minimizes the amount of human intervention required to capitalize expenditures into assets. According to one embodiment, asset (capitalization) integration rules pertaining to automatic asset creation and capitalization is set at a business unit level. When a project is created within the business unit, these asset integration rules will automatically default to the project. Subsequently, when an activity is created within the project, the same set of asset integration rules will default from the project to the activity. A user has an ability to override the defaulted asset integration rules at both the project and activity levels. However, if no override is desired, there is no human intervention required.