If you have been in the travel business for a while, you have no doubt noticed the increased interest in the travel industry in recent years. With more and more people booking air ticket, hotels, car services and signing up for tours through travel agents, you have a lot to track and at the same time be in control of your finance.
Accounting software provides a comprehensive toolset that enables travel agent to set-up airline ticket prices to the market, record all travel ticket sales via sales receipt and invoice windows, track account receivables and payables balances and payment transactions, and .reconcile their bank statement balances.
You can also run a real-time transaction reporting on a daily, weekly, monthly and annual basis.
Request For Our Accounting Software ServiceFor over 5 years, we have implemented QuickBooks and Sage 50 for several companies under Retail, Manufacturing, Oil & Gas, Real Estate & Construction, Travels, Hospitality,Legal, Co-operatives, NGOs, Financial & Service Sectors.
- Mbaire Services Nigeria Ltd(Construction)
- Chisco Transport Limited(Transport)
- Lounge38(Hotel and Bars)
- CTRL System Technologies Limited(Procurements)
- Aristokrat 360 Limited(Creative & Media Agency)
- Alpha Pharmacy (Health Care & Supermarket)
- Ericsson Nigeria Multipurpose Co-operative Society (Co-operatives)
- Fastanet Limited (ICT and Security)
- Britanic Maritime (Maritime Service)
- CEO Business Limited (Salary Advance, Credit Finance and Loan)
- OneHealth Pharmacy (Health Care)
- Widdi Pharmacy (Health Care)
- Olpharm Pharmacy (Health Care & Distributor)
- Hawkes Legal(Legal)
- Kantessa Limited(Fashion Store)
- OPI Nigeria International Limited (Oil & Gas Servicing)
- Zenilum Company Limited (Oil & Gas Servicing)
- Akermas Energy Limited (Oil & Gas Servicing)
- Lilygate Hotel(Hospitality)
- Benstel Nigeria Limited(Bottle Water Production & Distribution)
- Paraclete Nigeria Limited (Bottle Water Production & Distribution)
- Josien Holdings Limited(Distribution)
- Aisha Buhari Foundation (Futured Assured)(NGO)
- Doheney HR Services(HR)
- Insights Limited(Health Consultant)
- Biddel Oil & Gas Limited (Oil & Gas)
- System Intelligenz Limited(Contractor)
- MagTech Information Security (IT)
- Infusion Cakes Nigeria (Bakery)
- Landmark Centre (Event Centre)
- M.D School (Private School)
- Travel Options (Travels)
- Logos Travel Support & Solutions Ltd (Travels)
- Germaine Auto Centre (Autos)
- Starlight Nigeria (Retail)
- Temple Private School (Education)
- Value Mart Supermarket (Retail)
- Transweb Bureau De Change (Financial Service)
- Vektro Food Limited (Manufacturing & Retails)
- Orient Petroleum PLC (Oil & Gas)
- Plus More
In a nutshell, this is what a well-customized accounting software does for your business:
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- Accounting software tracks all revenue channels like local or travel ticket sales, hotel booking services, car hire or tour packages.
- All remittances to IATA for ticket issued and payment for annual subscriptions are accurately tracked as cost of sales or selse your pfoit will be reported wrongly.
- The system generates automated invoice on services rendered to a client and track progress payment as well as generate account statement on demand.
- It also tracks all expenses incurred for a specified period.
- If you pay with credit card, the system tracks all card payment and charges with exchange rate applied.
- The system also tracks all banking transactions and reconciles any difference that occurs at the end of the month.
- Since you don’t pay VAT on travel tickets, confirm that the software can also track on additional service like car hire services, hotel books etc
- The system can generate your profit or loss statement, statement of cash flow and financial position.
For more questions on how QuickBooks can be customized for your travel agency business, connect with our support centre:
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