Patent US5787405A successfully refreshed from Google Patents.
US5787405A
Expired / Lapsed
US
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Method and system for creating financial instruments at a plurality of remote locations which are controlled by a central office
Assignee: 7HBF Ltd
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Filing: 1994-09-29
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Granted: 1998-07-28
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Expires: 2014-09-29
Abstract
Abstract In the present invention, utilizing a data processing system at one location such as the home office, and another data processing system at a remote location such as a convenience store, an authorized convenience store employee may print financial instruments. According to the present invention, pre-printed forms are not needed in order to print financial instruments. When a financial instrument is to be printed, a valid password must first be entered. Thereafter, the employee may insert blank paper into the printer included within the remote data processing system and print a complete financial instrument. All necessary parameters may be printed by the remote data processing system, including financial institution identification number, account number, financial instrument number, date, amount, and payee. A transaction log may be automatically maintained by the remote data processing system. A log entry may be created each time a financial instrument is created. The log entry may include type of financial instrument created, financial instrument number, date, and amount. This information may be periodically transmitted to the home office data processing system.
Inventors
- 👤 Edward M. Gregory
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-05 20:17
CPC Classifications
G; G07; G07F; G07F19/00; G07F19/20; G06; G06Q; G06Q20/00; G06Q20/04; G06Q20/042; G06Q20/08; G06Q20/10; G06Q20/102; G06Q20/30; G06Q20/305; G06Q40/00; G06Q40/12; G06Q40/128; G07F17/00; G07F17/26; G07F17/42; G07G; G07G5/00
Claims Analysis
Total Claims: 18
Claim 1
Independent Claim
212 words
A method for creating money orders and vendor drafts using a data processing system and a printer at each of a plurality of remote stores, where each of the plurality of the remote stores is able to communicate with a home office using a communication device connected to the data processing system, the method comprising the steps of: a) awaiting the selection by a user using the data processing system to create a transaction which is either a money order or a vendor draft requiring a plurality of parameters to create, the plurality of parameters including a dollar amount; b) prompting the user using the data processing system for entry of each of the plurality of parameters necessary to create the transaction; c) entering a number associated with the transaction and the dollar amount of the transaction in a log on the data processing system; d) printing the transaction on the printer; e) repeating steps (a) through (d) as necessary to create the required money orders or vendor drafts; f) sending the log to the home office using the communication device at specific intervals; and g) assembling at the home office the logs from each of the plurality of remote stores and creating a database of all transactions at all remote stores.
Claim 2
Independent Claim
212 words
A method for creating money orders and vendor drafts using a data processing system and a printer at each of a plurality of remote stores, where each of the plurality of the remote stores is able to communicate with a home office using a communication device connected to the data processing system, the method comprising the steps of: a) awaiting the selection by a user using the data processing system to create a transaction which is either a money order or a vendor draft requiring a plurality of parameters to create, the plurality of parameters including a dollar amount; b) prompting the user using the data processing system for entry of each of the plurality of parameters necessary to create the transaction; c) entering a number associated with the transaction and the dollar amount of the transaction in a log on the data processing system; d) printing the transaction on the printer; e) repeating steps (a) through (d) as necessary to create the required money orders or vendor drafts; f) sending the log to the home office using the communication device at specific intervals; and g) assembling at the home office the logs from each of the plurality of remote stores and creating a database of all transactions at all remote stores.
Claim 3
Dependent Claim
35 words
The method of claim 1 wherein the plurality of parameters further includes a date for both the money order and the vendor draft and a vendor ID and an invoice number for the vendor draft.
Claim 4
Dependent Claim
31 words
The method of claim 1 wherein the step of printing the transaction on the printer includes printing the transaction using blank paper and MICR toner to create a valid financial instrument.
Claim 5
Dependent Claim
30 words
The method of claim 1 further including between steps (a) and (b), the step of prompting the user for entry of a password if the transaction is a vendor draft.
Claim 6
Dependent Claim
28 words
The method of claim 1 further including between steps (b) and (c), the step of verifying that the dollar amount is less than a predetermined maximum dollar amount.
Claim 7
Independent Claim
140 words
A method for creating payroll checks at each of a plurality of remote stores, where each of the plurality of remote stores is able to communicate with a home office having a home office data processing system using a communication device connected to the data processing system, the method comprising the steps of: a) sending payroll information, including employee hours, to the home office; b) calculating a payroll amount, using the home office data processing system, based on the employee hours, thereby creating a payroll file; c) splitting the payroll file into payroll subfiles having the payroll amounts, each payroll subfile corresponding to one of the plurality of remote stores; c) transmitting each payroll subfile to each corresponding remote store from the home office; and d) printing payroll checks for each of a plurality of employees at the remote store.
Claim 8
Independent Claim
140 words
A method for creating payroll checks at each of a plurality of remote stores, where each of the plurality of remote stores is able to communicate with a home office having a home office data processing system using a communication device connected to the data processing system, the method comprising the steps of: a) sending payroll information, including employee hours, to the home office; b) calculating a payroll amount, using the home office data processing system, based on the employee hours, thereby creating a payroll file; c) splitting the payroll file into payroll subfiles having the payroll amounts, each payroll subfile corresponding to one of the plurality of remote stores; c) transmitting each payroll subfile to each corresponding remote store from the home office; and d) printing payroll checks for each of a plurality of employees at the remote store.
Claim 9
Dependent Claim
71 words
The method of claim 6 where the step of sending payroll information to the home office, comprises the steps of: i) entering employee hours for a payroll period for each employee at each of the plurality of remote stores into the data processing system at each of the plurality of remote stores; ii) transmitting the employee hours to the home office using the communications device connected to the data processing system.
Claim 10
Dependent Claim
19 words
The method of claim 6 wherein the step of calculating a payroll amount further including calculating payroll deduction amounts.
Claim 11
Dependent Claim
21 words
The method of claim 8 wherein the step of printing payroll checks includes printing payroll stubs showing the payroll deduction amounts.
Claim 12
Dependent Claim
31 words
The method of claim 6 further including prior to step (a) the steps of: i) selecting payroll from a menu of options; ii) entering a manager's password to access payroll functions.
Claim 13
Independent Claim
225 words
A system for managing financial instruments required by each of a plurality of remote stores which are controlled by a home office, the financial instruments including money orders, vendor drafts, and payroll checks, the system comprising: a) a printer at each of the remote locations able to print the financial instruments; b) a controller at each of the plurality of remote stores connected to the printer, the controller including a display and a keypad, the display active to prompt a user for entry of a selection or data required to complete the selection, the selection being chosen from a list including creating money orders, creating vendor drafts, and printing payroll, the keypad able to send data from a user to the controller; and c) a central processing system at the home office connected to the controller by a communications device, the central processing station receiving a log from each of the plurality of remote stores, the log containing all the money orders and vendor drafts issued by the remote location for a particular time period, and the central processing station calculating payroll amounts and deductions based on payroll information from each of the plurality of remote stores, where the payroll amounts and deductions are sent to each of the plurality of remote stores where the payroll checks and associated stubs are printed on the printer.
Claim 14
Independent Claim
225 words
A system for managing financial instruments required by each of a plurality of remote stores which are controlled by a home office, the financial instruments including money orders, vendor drafts, and payroll checks, the system comprising: a) a printer at each of the remote locations able to print the financial instruments; b) a controller at each of the plurality of remote stores connected to the printer, the controller including a display and a keypad, the display active to prompt a user for entry of a selection or data required to complete the selection, the selection being chosen from a list including creating money orders, creating vendor drafts, and printing payroll, the keypad able to send data from a user to the controller; and c) a central processing system at the home office connected to the controller by a communications device, the central processing station receiving a log from each of the plurality of remote stores, the log containing all the money orders and vendor drafts issued by the remote location for a particular time period, and the central processing station calculating payroll amounts and deductions based on payroll information from each of the plurality of remote stores, where the payroll amounts and deductions are sent to each of the plurality of remote stores where the payroll checks and associated stubs are printed on the printer.
Claim 15
Dependent Claim
33 words
The system of claim 11 wherein the payroll information is entered into the controller at each of the plurality of remote stores and sent to the central processing station by the communications device.
Claim 16
Dependent Claim
19 words
The system of claim 11 wherein the controller includes password protection to prevent unauthorized users from accessing the system.
Claim 17
Dependent Claim
18 words
The system of claim 11 wherein the printer is able to print the financial instruments on blank paper.
Claim 18
Dependent Claim
35 words
The system of claim 11 wherein the controller stores vendor ID's which when entered by the user correspond to a particular vendor, and wherein the particular vendor is printed on the vendor draft as payee.
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 2001-07-27 | 2002-01-26 | 2002-07-28 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 2005-07-27 | 2006-01-26 | 2006-07-28 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 2009-07-27 | 2010-01-26 | 2010-07-28 | $7700.00 | Window Closed / Lapsed |