Abstract: Database systems and methods are provided for managing related records using a tiered hierarchical arrangement that supports asynchronous and independent events with respect to related records. A method involves automatically generating a child record having a field value based on configuration data associated with a parent record, automatically updating a second field value for a summarization field associated with the parent record in response to automatically generating the child record, and after automatically updating the second field value, identifying a group record that is a parent of the parent record based on a second field of the parent record, automatically updating a third value for a second summarization field associated with the group record based at least in part on the second field value, and providing a graphical representation of the group record including a graphical representation of the third value for the second summarization field.