receivables
Cargo Revenue
Accounting lets you print invoices on any criteria: site, date or country
code. It will create IATA Cargo Accounts Settlement System (CASS) billing
tapes and formatted reports for agents. It will provide agents with cargo
sales invoices, adjustment formats and summaries. It will also export a billing
statement for each vendor or partner.
Invoicing
Invoices include relevant debit and credit notes and can be
generated in any currency. Each note is printed separately. The amounts due
agents and their commissions with no weight-charge are not subtracted on
the invoice but receive separate action. Any air waybills and credit and
debit notes that have not been invoiced separately are included on the statements
and posted to the participant's accounts. Air waybills are listed by flight
number and then in order by serial number with details shown on a single
line.
Settlement
Payments processing is separated into three logical areas:
entry, application and history. You can record payments from any source and
balance the appropriate accounts, applying payments to their respective accounts
with appropriate details.
Cargo Revenue Accounting will record payments in multiple bank accounts in
different currencies. It will track opening and closing balances for each
account and register any service fees and adjustments. You can summarize
all transactions at regular intervals, balance payments, perform bank and
cash accounting and create an interface to the general ledger according to
your own table of offset accounts. Payments are credited immediately to appropriate
accounts giving you online access to the current status of all accounts.
You can apply payments based on invoice number, accounting period or air
waybill number. You can also mark any payment as wholly or partially paid
and transfer payments between participant accounts.
Cargo Revenue Accounting will let you receive payments in any currency and
convert automatically to both billing and host accounts. The amounts are
verified during entry and can be canceled or updated before they are posted.
Exceptions are logged to a separate payment queue where they can be resolved
manually.
Collection
In order to simplify accounting procedures, Cargo Revenue
Accounting will let you create revenue reports automatically or on demand.
You can create trial balance reports to summarize the accounts receivable
for one or more participants based upon an accounting period or document
date. Predefined defaults will give you information quickly about a single
participant, a single debit note or a single invoice.
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