Accounting Postings
  • Updated on 01 Jul 2020
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Accounting Postings

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1. Single booking

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2. Use of AirlineRefID to combine daily accounting postings

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3. Settlement total amount fullytransferred to ICCS

The carrier set up requires that the full settlement amount is transferred to its ICCS account and then the funds are paid 60% in EUR and 40% in GBP.

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4. Settlement total amount partially paid to bank account and partially transferred to ICCS

The carrier set up requires that no more than 60% of the settlement amount remains in the BSP local EUR denominated account. The remaining must be transferred to ICCS and then converted into GBP. In the example the first two transactions have been selected for the transfer to the BSP local EUR denominated account. The required division of the settlement amount is not the focus of this example and could be discussed further. It has no impact on the accounting entries that are the reason for this example.

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