Revenue Accounting
Revenue accounting refers to the ATPCO products that automate the process of assigning revenue after travel has occurred to the correct carrier based on information from ticket sales. It can also include forecasting the settlement of a future ticketing transaction.
After travelers have completed their flights, carriers need to process the revenue earned from the ticket for projecting and analyzing revenue and for settling financial accounts. This process includes allocating revenue by coupon and origin and destination, and deciding billing values for participating carriers. Because these processes can be costly, time-consuming, and inaccurate when they are performed manually, ATPCO provides automated revenue accounting solutions to save our customers costs and to give them the opportunity to generate incremental revenue.
ATPCO offers the Sales Data Exchange, where fare and revenue data can be sent and received for audit and settlement. We also are part of the industry-leading interline settlement system, First & Final™, which automates the process of dividing revenue between all the carriers referenced by the ticket.
Please contact the Regional Director in your area to learn how ATPCO’s revenue accounting products can simplify and automate your settlement systems.
