CONTROLLING, CONFIGURING, STORING, MONITORING AND MAINTAINING ACCOUNTING OR BOOKKEEPING INFORMATION EMPLOYING TREES WITH NODES HAVING EMBEDDED INFORMATION

A method and system for providing multilevel information about aspects of accounting. The method comprises the steps of generating a display, on a computer display screen, of a tree having a plurality of nodes, and embedding in the nodes multilevel information about said accounting aspects. For example, trees may be generated that represent credit, debit, revenue, expense, credit and/or debit plans, credit or debit thresholds, assets (cash, investments, receivables), inventory costing and control, short term and/or long term liabilities (stocks, bonds, mortgage notes), stockholders (equity, dividends, cost basis, restrictions, donations), working capital, cash flow (income statement, operations, earnings, forecast, historical data), customer data, manufacturing costs (processing, target), profit (product, division) taxes (income, sales, real estate, etc.). Information may be embedded with a matrix approach. As examples, matrices may be used that contain cost accounting information for a catalog of elements of products with a catalog of subsystem, matrices may be used that provide particular bookkeeping and accounting requirements, and matrices may be used that represent corporate accounting firms.