Airline Revenue Accounting System overview | CargoFlash

This is an overview of generic rider revenue accounting processes as employed by several airline revenue accounting systems.

It is supposed solely as a suggestion to the principal processes and doesn't represent any specific system, however, it should be helpful once considering doable revenue method of accounting decisions.

Equally, out-sourced revenue accounting service suppliers square measure seemingly to own or would like the same system because of the basis of their services.

Source: Marzo

The standard structure of individual airline revenue accounting software can vary, as can their coverage of the assorted processes inside them.

The basic purpose of associate degree airline revenue accounting software is to manage the management, reporting, use, and accounting of tickets, MCOs, excess baggage tickets and alternative ‘accountable’ documents.

In doing thus, it ought to be correct and versatile, and supply most potency in process price tag information, and posting and charge correct values.

It ought to validate all transactions and initiate recoveries wherever under-collections or errors have occurred.

It ought to minimize opportunities for fraud and establish circumstances during which fraud might have taken place. It should deliver quick, correct rider revenue and section information to management and management info systems.

Airline cargo management software process flow:-

v  Ticket stock control

v  Sales register and calendar

v  Sales input

v  Commission and discount control

v  Fare and tax audit

v  Sales evaluation

v  Uplift register

v  Coupon uplift

v  Revenue evaluation

v  Coupon matching

v  Outward billing

v  Inward register

v  Inward billing

v  Housekeeping

v  Management reporting interface