IATA-RA
IATA airline revenue accounting.
Definition
RA Revenue Accounting handles sales, refunds, ADM/ACM (Agency Debit/Credit Memo), interline billing via SIS-IS-WEB. Platforms: Lufthansa Systems Loyalty/RA, IBSplc iFlight Revenue Accounting, Mercator MARS, Sabre AirVision Revenue Accounting. Direct link with BSP/CASS for bi-monthly cycles and with future Settlement with Orders.
Origin
RA processes structured by IATA since the 1980s ; SIS (Simplified Invoicing and Settlement) launched 2007 to digitise invoicing.
Example in context
The RA department of a European airline processes ~2M tickets/month via Lufthansa Systems Loyalty/RA originating from BSP France, BSP UK, BSP Spain.
Related terms
- BSP — RA data source.