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Definitions (30)
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ach
(Airlines Clearing House) – The A4A clearinghouse for electronic invoicing.
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aia
(ATPCO, IATA, ARC) – AIA is the organisation formed by ATPCO, IATA, and ARC to support the First & Final™ process.
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arc
(Airlines Reporting Corp.) – ARC operates COMPASS® which houses transaction and prorate data for the purposes of settlement.
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a4a
(Airlines for America) – The trade group for U.S.-based airlines.
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atpco
ATPCO, amongst other services, operates the Sales Exchange process whereby sales for First & Final™ trans
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auto-billing
A feature of SIS whereby a billing carrier is able to submit a list of uplifts. SIS will then find the prorate (either a stored own prorate or an NFP) and create the necessary billing, settlement, and invoice files. A pro-forma invoice is sent to the billing carrier daily, and invoices are sent to the billing and billed carrier on settlement.
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bsp
(Billing and Settlement Plan) – An IATA service for the settlement of ticket revenues between agents and carriers. BSP fees can appear on electronic invoices. More information on BSP
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cda
(Call Day Adjustment) –An adjustment based on the difference between the exchange rates of Miscellaneous items as submitted to the ICH and the exchange rate used on Call Day.
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ch
(Clearinghouse) – The general term and acronym for a clearinghouse, whether the ACH or ICH.
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digital signature
A digital signature is analogous to its analog namesake and proves two things: that the claimed party generated the document, and that the document was not altered after being signed. Digital signatures are required on electronic invoices in some countries.
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