Patents by Inventor Ray Thng

Ray Thng has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Intercompany transfer profit tracking system
    Patent number: 7761357
    Abstract: A system receives an intercompany transfer of a plurality of goods from a first entity to a second entity. The intercompany transfer results in an internal profit/loss. The system stores the internal profit/loss in a first entity internal profit/loss element that is assigned to the second entity. The system then receives a external transfer from the second entity to an external entity of at least one of the plurality of goods. The system then automatically realizes a portion of the internal profit/loss for the first entity based on the external transfer and the first entity internal profit/loss element.
    Type: Grant
    Filed: May 23, 2008
    Date of Patent: July 20, 2010
    Assignee: Oracle International Corporation
    Inventors: Sherry Yu, Ray Thng
  • INTERCOMPANY TRANSFER PROFIT TRACKING SYSTEM
    Publication number: 20090292639
    Abstract: A system receives an intercompany transfer of a plurality of goods from a first entity to a second entity. The intercompany transfer results in an internal profit/loss. The system stores the internal profit/loss in a first entity internal profit/loss element that is assigned to the second entity. The system then receives a external transfer from the second entity to an external entity of at least one of the plurality of goods. The system then automatically realizes a portion of the internal profit/loss for the first entity based on the external transfer and the first entity internal profit/loss element.
    Type: Application
    Filed: May 23, 2008
    Publication date: November 26, 2009
    Applicant: Oracle International Corporation
    Inventors: Sherry Yu, Ray Thng