MUMBAI, India, Aug. 24 -- Intellectual Property India has published a patent application (202641095676 A) filed by Saveetha Engineering College on August 07, 2026, for Digital Accounting Document Authentication And Verification System.
Inventors include Dr. K. Selvi; and Dr. R. Divya Ranjani.
The application for the patent was published on August 21, 2026, under issue no. 34/2026.
Abstract: The present invention discloses a Digital Accounting Document Authentication and Verification System configured to authenticate and verify digital accounting documents associated with financial transactions. The system comprises a digital document acquisition module, document preprocessing and classification module, accounting information extraction module, document identity and integrity module, source authentiCation module, disilicate and similarity detection module, accounting data verification engine, transaction reconciliation module, discrepancy detection module, verification decision module, audit trail module, and verification dashboard. The system receives invoices, receipts, purchase orders, payment records, tax documents, expense statements, and other accounting documents, extracts relevant financial information, establishes document identity, evaluates document integrity and source authenticity, and detects duplicate or substantially similar documents. Extracted. accounting information is compared with corresponding purchase orders, goods-receipt records, supplier information, payment records, ledger entries, and other authorized accounting records. The system identifies inconsistencies, classifies discrepancies, generates a consolidated verification assessment, and assigns an appropriate document status including verified, conditionally verified, requires review, potential duplicate, inconsistent, or rejected. Verification activities and outcomes are maintained in an audit trail for traceability. The invention thereby provides an integrated computerized framework for improving the authenticity, integrity, consistency, traceability, and efficiency of digital accounting document verification.
Disclaimer: Curated by HT Syndication.
