Purpose

Strategic Partners in this Area of Involvement can participate in different activities and working groups that focus on the development of Settlement and Accounting Standards. Moreover, Strategic Partners may send senior level delegates to the Advisory Forum of the Settlement and Accounting Standards Board.

Settlement and Accounting Standards Strategic Partnerships Summary

The Settlement and Accounting Standards Strategic Partnerships area derives from one of the five management boards established by Resolution under the Passenger Standards Conference, which combines the activity of the Passenger Services Conference and Passenger Tariffs Conferences. The Passenger Standards brochure (pdf) outlines the conference structure as well as standards adoption and development procedures.

Each management board is an airline-only group overseeing the strategy and direction of standards development and implementation within a specific business domain. The board has the autonomy to create and disband groups to work on specific areas of standards. Each board will also have an advisory forum, where Strategic Partners can meet with board member airlines to discuss issues around standards development and implementation.

The Settlement and Accounting Standards Board manages the development of standards concerning any interaction between airlines and other parties for the purpose of managing financial processes supporting the delivery and fulfillment of passenger services, to the extent these are developed under the Passenger Services Conference. Fulfilment is characterized as processing payment and transferring funds to the provider.  

Benefits

Activities

The Settlement and Accounting Board oversees standards covering many areas of distribution and will establish Groups to develop proposals for standards regarding business processes and data exchange in these areas:

  • BSP DISH (Data Interchange Specifications Handbook) Data Exchange Standards
  • Order Accounting
  • Revenue Accounting
  • Sales Accounting
  • Settlement with Orders

Groups under each Board may be created or disbanded by the Board at any time, but an up to date list of active groups is available online. Access to meetings and working groups are subject to individual group terms of references.  

Airline Billing and Settlement  Working Group 

The Airline Billing and Settlement group is responsible for developing billing and settlement business requirements documentation and procedural standards that facilitates the exchange of information necessary for billing and settlement between airlines and any third party transportation provider using enhanced and simplified distribution based on the passenger offer and orders standards (NDC and One Order). The group is also responsible for reviewing and endorsing proposals to amend IATA RAM (Revenue Accounting Manual) rules (passenger and cargo). Members of the group should have experience with passenger revenue accounting, accounting and other finance processes.

BSP Data Interchange Specifications Working Group 

The BSP Data Interchange Specifications group is responsible for the exchange of passenger ticketing and related data between airlines, ticket system providers and the IATA DPC within Billing and Settlement Plans (BSP). In addition, the group identifies items for future DISH releases and decision for the future of DISH with respect to the new emerging standards such as NDC and ONE Order. Members of the group should have experience in airline BSP DISH teams.

Order Accounting Working Group 

The Order Accounting group is responsible for reviewing and endorsing proposals to create or amend enhanced and simplified distribution data standards governing order accounting processes. Proposals from this group will align with existing standards and development of accounting data standards relating to orders and settlement with orders. Members of the group should have experience with passenger revenue accounting, accounting and finance processes. 

Settlement with Orders Working Group 

The Settlement with Orders group is responsible for financial settlement between two parties (payer and payee) and within the scope of IATA resolutions. It creates order based settlement standards that will be agnostic in nature, with regards to the parties settling and the payment method. Under the Settlement with Orders group, there is the Settlement with Orders (SwO) Adoption working group where IATA Strategic Partners can join. The primary objective of the SwO Adoption Working Group is to provide recommendations to improve the SwO process and standard. Members of the group should have experience in airline passenger payment and distribution teams. 

Tax Governance Working Group 

The Tax Governance group is responsible for coordinating Taxes, Fees and Charges (TFC) issues within different IATA domains including Ticket Tax Box Service / Revenue Accounting Tax Database (TTBS/RATD), reservations, pricing, ticketing, sales reporting and interline billing. The group also suggests solutions for the complexities. Members of the group should have experience with revenue accounting, reservations, interline and TTBS/RATD processes.

Note: Strategic Partners must join the Plan Standards, Shop Order Pay Standards, Settlement and Accounting Standards, Architecture & Technology, Common Use, Customer Experience & Facilitation, Ground Operations and/or Baggage Services Areas of Involvement in order to attend the Passenger Standards Conference as an observer. 

Focus Areas

  • Financial processing
  • Settlement data exchange
  • Financial data exchange
  • Revenue accounting

Designed For

  • Travel management companies
  • Online travel agencies
  • Global Distribution Systems (GDSs)
  • Technology providers

Please view the full list of Strategic Partnerships Program benefits (pdf).