SkyTRAACS Financial Accounting is a purpose-built platform engineered to meet the full spectrum of airline financial needs. It covers end-to-end Fixed Asset Accounting to manage the complete asset lifecycle, supports automated currency revaluation in multi-currency environments, and strengthens financial controls through robust reconciliation capabilities, including Bank and Credit Card reconciliations.
SkyTRAACS centralizes financial data to deliver accuracy, compliance, and real-time visibility across an airline’s financial ecosystem.
Gain unmatched visibility into the airline’s financial performance by unifying revenue, cost, and operational data.
Enable accurate flight-and route-level profitability insights through reliable financial accounting data
Follows and adheres to recognised accounting principles and standards.
As airlines expand fleets, routes, partnerships, and alliances, SkyTRAACS seamlessly scales to accommodate growing financial complexity.
SkyTRAACS offers an airline-tailored general ledger with flexible and customisable chart of accounts, real-time recording, multi-entity support, and complete audit trails.
Automated generation of P&L, trial balance, cash flows, and financial statements with drill-down capabilities for easier audit, validation, and data verification.
End-to-end currency handling, forex revaluation, and automated gain/loss calculations ensure accuracy across international markets.
Track receivables, payables, bank positions, credit exposures, and daily collections.
Automated reconciliation ensures faster matching of bank statements, clearing transactions, and credit card settlements.
Manage acquisition, depreciation, transfer, sale, and write-offs.
Automate payroll entries, provisions, allowances, and tax calculations by integrating with HRMS.
SkyTRAACS financial accounting enables interconnected financial intelligence by integrating with revenue accounting, cost accounting, flight operations, procurement, and MRO systems.
Achieve complete financial transparency with audit-ready ledgers, standardized workflows, and data traceability
Eliminate manual errors and accelerate financial closing cycles
Integrated revenue and cost data flows enable route-wise and flight-wise profitability insights.
Multi-currency accounting, forex revaluation, and treasury tools help finance teams flexibly manage global settlements.
Backed by 20+ years of airline financial domain expertise
Designed specifically for airline financial workflows.
Integrates deeply with flight, revenue, cost, and operational systems.
Scales with network growth, fleet expansion, and increased transaction volume.
SkyTRAACS connects directly with major PSS and DCS for seamless data flow. It automates the ingestion of journey logs, sales data, and flown coupons, ensuring that your revenue and cost accounting stay perfectly synced with real-time flight operations without manual data entry.
Unlike earlier systems, which provide data weeks after flight, SkyTRAACS links every cost element directly to the specific flight or route, helping CFOs and Finance teams with real-time visibility into margins and faster decisions on pricing and network planning.
Absolutely. SkyTRAACS is built to meet global aviation standards, including full IATA Simplified Interline Settlement (SIS) compliance. It supports multi-currency handling, forex revaluations, and complete audit trails, ensuring your airline is always audit-ready and compliant with international financial reporting requirements.
Yes, SkyTRAACS uses automated sales audit and revenue integrity checks to identify discrepancies early. By validating every ticket against flown data and auditing ancillary sales, SkyTRAACS helps airlines catch missing coupons, incorrect commissions, and billing errors. Thereby, detecting revenue leakages early.
