Systems and methods for cash based accounting in a general ledger

Abstract

Systems and methods are disclosed for facilitating cash based accounting. In one exemplary embodiment, there is provided a method that includes, for example, providing a cash ledger. The cash ledger may contain at least one line item and a clearing account. The method may include posting a payment, which contains at least one line item, to a bank account and clearing a business partner account by posting the payment against the business partner account. The method may also include determining a revenue account from the cleared business partner account and clearing the at least one line item in the payment.

1 .- 18 . (canceled) 
     
     
         19 . A non-transitory computer-readable storage medium storing computer-executable instructions, which, when executed by a processor, cause the processor to perform a method for cash-based accounting for an entity, the method comprising:
 recording an incoming payment on a bank statement as a debit of a specific amount for an unknown account;   associating a dummy identifier with the incoming payment;   generating a business partner invoice for the specific amount, the business partner invoice having an account identifier;   receiving, from a business partner, a cash payment of the specific amount corresponding to the business partner invoice;   balancing a bank clearing sheet based on the debit of the specific amount corresponding to the dummy identifier and a credit of the specific amount corresponding to the account identifier; and   inserting, in a clearing account, the debit of the specific amount corresponding to the dummy identifier as a credit and the credit of the specific amount corresponding to the account identifier as a debit.   
     
     
         20 . The non-transitory computer-readable medium of  claim 19 , wherein the method further comprises:
 inserting the credit of the specific amount on the bank clearing sheet corresponding to the debit of the specific amount on the bank statement.   
     
     
         21 . The non-transitory computer-readable medium of  claim 19 , wherein the method further comprises:
 inserting the debit of the specific amount in a receivable account indicating the cash payment owned by the business partner; and   inserting the credit of the specific amount in a revenue account indicating the cash payment expected from the business partner.   
     
     
         22 . The non-transitory computer-readable medium of  claim 19 , wherein the method further comprises:
 associating the cash payment with the account identifier; and   inserting, according to the cash payment, the credit of the specific amount in the receivable account and the debit of the specific amount in the bank clearing sheet.   
     
     
         23 . The non-transitory computer-readable medium of  claim 19 , wherein the method further comprises clearing the cash payment based on the clearing account. 
     
     
         24 . The non-transitory computer-readable medium of  claim 19 , wherein the method further comprises replacing the clearing account with a bank account by a retrospective projection mechanism. 
     
     
         25 . The non-transitory computer-readable medium of  claim 24 , wherein the bank account associating the cash payment with the account identifier. 
     
     
         26 . A method for cash-based accounting for an entity, comprising:
 recording an incoming payment on a bank statement as a debit of a specific amount for an unknown account;   associating a dummy identifier with the incoming payment;   generating a business partner invoice for the specific amount, the business partner invoice having an account identifier;   receiving, from a business partner, a cash payment of the specific amount corresponding to the business partner invoice;   balancing a bank clearing sheet based on the debit of the specific amount corresponding to the dummy identifier and a credit of the specific amount corresponding to the account identifier; and   inserting, in a clearing account, the debit of the specific amount corresponding to the dummy identifier as a credit and the credit of the specific amount corresponding to the account identifier as a debit.   
     
     
         27 . The method of  claim 26 , further comprising inserting the credit of the specific amount on the bank clearing sheet corresponding to the debit of the specific amount on the bank statement. 
     
     
         28 . The method of  claim 26 , further comprising:
 inserting the debit of the specific amount in a receivable account indicating the cash payment owned by the business partner; and   inserting the credit of the specific amount in a revenue account indicating the cash payment expected from the business partner.   
     
     
         29 . The method of  claim 26 , further comprising:
 associating the cash payment with the account identifier; and   inserting, according to the cash payment, the credit of the specific amount in the receivable account and the debit of the specific amount in the bank clearing sheet.   
     
     
         30 . The method of  claim 26 , further comprising clearing the cash payment based on the clearing account. 
     
     
         31 . The method of  claim 26 , further comprising replacing the clearing account with a bank account by a retrospective projection mechanism. 
     
     
         32 . The method of  claim 31 , wherein the bank account associating the cash payment with the account identifier. 
     
     
         33 . A system for cash-based accounting for an entity, comprising:
 a memory configured to store instructions and accounting data; and   a processor configured to execute the instructions for processing the accounting data, the instructions causing the processor to:
 record an incoming payment on a bank statement as a debit of a specific amount for an unknown account; 
 associate a dummy identifier with the incoming payment; 
 generate a business partner invoice for the specific amount, the business partner invoice having an account identifier; 
 receive, from a business partner, a cash payment of the specific amount corresponding to the business partner invoice; 
 balance a bank clearing sheet based on the debit of the specific amount corresponding to the dummy identifier and a credit of the specific amount corresponding to the account identifier; and 
 insert in a clearing account, the debit of the specific amount corresponding to the dummy identifier as a credit and the credit of the specific amount corresponding to the account identifier as a debit. 
   
     
     
         34 . The system of  claim 33 , wherein the instructions further cause the processor to:
 insert the debit of the specific amount in a receivable account indicating the cash payment owned by the business partner; and   insert the credit of the specific amount in a revenue account indicating the cash payment expected from the business partner.   
     
     
         35 . The system of  claim 33 , wherein the instructions further cause the processor to:
 associate the cash payment with the account identifier; and   insert, according to the cash payment, the credit of the specific amount in the receivable account and the debit of the specific amount in the bank clearing sheet.   
     
     
         36 . The system of  claim 33 , wherein the instructions further cause the processor to clear the cash payment based on the clearing account. 
     
     
         37 . The system of  claim 33 , wherein the instructions further cause the processor to replace the clearing account with a bank account by a retrospective projection mechanism. 
     
     
         38 . The system of  claim 37 , wherein the bank account associating the cash payment with the account identifier.