Method and system for electronically tracking financial transactions

摘要: A system and method automatically enters financial transactions such as credit card into a account stored in computer. statement incorporating the is provided an electronic form understood by computer, computer data file, for updating account. For account, includes one or more purchases. Before accepting statement, process verifies that of has not been altered since its creation therefore correctly reflects original statement. In entering transactions, they are tracked assigning them to expense categories. First determines from if payee transaction record and, so, assigns category already associated with payee. If not, next merchant code Standard Industry Code (SIC). The recognized assigned category. no exists, prompts user which can be assigned.