Skip to content
farel-logo
Airline Finance and Reporting

Finance that closes in real time

Reconcile every channel and currency, then push to QuickBooks, SAP, or your ERP automatically.

  • Multi-channel reconciliation
  • Multi-currency support
  • Real-time financial reports
  • Direct accounting export

Why airline finance teams close late

Spreadsheets between systems mean stale numbers, drifted balances, and a finance team that's always one period behind.

Reconciliation by spreadsheet

Sales from IBE, agency, OTAs, and counter land in different systems. Finance exports, reconciles, and re-keys into accounting every period.

Partner balances drift

Agency wallets, credit limits, and commission settlements track in separate ledgers. Drift between systems means write-offs and disputes.

Yesterday's numbers

Reports built in BI tools or spreadsheets lag the operation by hours or days. Leaders make decisions on stale data.

Multi-currency overhead

FX conversions, partner settlements, and home-currency reporting require manual reconciliation every period.

Every transaction, every currency, one ledger

Every booking, refund, settlement, and partner balance writes to the same record - and reports in real time, in any currency.

Real-time reports

Real-time reports

Financial KPIs, operational metrics, passenger data, flight performance - current to the minute, with unlimited retention.

Partner wallets and credit

Partner wallets and credit

Agency balances, credit limits, commission accruals, and settlement status - managed and reconciled in the admin panel.

Multi-currency

Multi-currency

Settle in any currency, report in your home currency. FX rates, conversions, and settlement cycles handled automatically.

Accounting export

Accounting export

Direct integration with QuickBooks, SAP, and other ERPs. Automatic data flow, not CSV exports. The accounting system always has the current state.

Channel reconciliation

Channel reconciliation

IBE, mobile, agency, API, and counter sales reconcile automatically. One source of truth across every distribution channel.

Period close becomes a verification step, not a reconciliation project

Period close becomes a verification step, not a reconciliation project

Every transaction posts to the ledger when it happens - bookings, refunds, partner settlements, FX adjustments, tax provisions. By month-end, there's nothing left to assemble. Finance signs off on what's already there instead of pulling it together.

IRROPS doesn't break the books

IRROPS doesn't break the books

When a flight cancels, hundreds of involuntary refunds, fare adjustments, and partner settlements process at once. Each posts with the right account, currency, and tax treatment automatically. Finance doesn't reconcile after IRROPS - it's already in the books before the next flight closes.

FAQ

Before you decide

Answers to the questions we hear most from airline teams

Financial reports (revenue by channel, refunds, partner balances, FX exposure, settlement status), operational reports (load factor, on-time performance, cancellations), passenger reports (booking trends, ancillary attach, no-shows), and flight performance reports (revenue per flight, cost per seat). All available in the admin panel and exportable.
Revenue recognition follows IATA passenger revenue accounting standards - recognized on flight departure, not on booking. Unflown bookings sit in unearned revenue until the flight closes. Refunds and involuntary changes are processed against the same ledger automatically.
Yes. Direct integration with QuickBooks, SAP, and other ERPs - not CSV export. Revenue, refunds, partner settlements, and FX adjustments transmit automatically. Custom integrations to other accounting systems are part of onboarding.
Each partner can transact in their local currency. Conversions to your home currency happen at configured FX rates (live, daily fix, or contractual). Settlement statements show both partner currency and home currency, with FX gain/loss broken out.
Role-based permissions. Finance and executive roles see the full dashboard; commercial and operational roles see the slices relevant to their work. Permissions match the rest of the platform - no separate access system.
Standard reports cover most operational and financial questions. For custom analysis, every transaction is exportable via API or direct accounting integration - feed it into your BI tool of choice if you need something specific.

Everything your airline needs, in one place

From inventory to check-in, see how each module fits together to streamline your airline operations

Inventory & Pricing

Optimize every seat, maximize every flight

Manage seat availability, fare structures, and revenue logic across all distribution channels.

Explore
Inventory & Pricing

Ready to take back control?

See the full platform live - tailored to your airline's operations.

Book a demoExplore the platform