Revenue accounting in Airline Reservation Systems refers to the broader context of tracking the flow of money throughout the business. All revenue that is generated when the customer books the ticket, to the deductions for the federal, state and local taxes and fees which must be set aside. Airline Reservation Systems have a revenue accounting application within the system. We provide a specialized service both to airlines and to suppliers to the airline industry within our field of expertise. We have Revenue tracking system that is used as a cost management tool that helps us to know automatically when a ticket is issued. Airline revenue accounting operations, and all associated revenue management and customer service functions such as sales, pricing and passenger management. This can be found in all the reservations made through Tech I, including automated and manually added ticket numbers. The tool allows your airline to track and protect its inventory. Tech I Travel Revenue Tracking System manage a travel agency account revenue and carrier market share, designed for use by field sales, telemarketers, administrative or accounting staff - anyone who calls on or interacts with the travel community:

• Maintain an up to date profile on each travel agency and commercial account in their territory - be it a city, state, region or the entire nation.
• Record and review on screen, personal, fax or telephone contacts with their accounts.
• Instantly view prior and current year to date individual travel agency account revenue production and market share data.
• Prepare call reports for a specified date range.
• Import and export contact records to maintain district/regional and national databases.

Revenue management is the process of understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, perishable resource (such as airline seats or hotel room reservations). The challenge is to sell the right resources to the right customer at the right time for the right price. This process can result in price discrimination, where a firm charges customers consuming otherwise identical goods or services a different price for doing so. Revenue management is a large revenue generator for several major industries.