How Travel Accounting Software Helps Travel Agents in Audit Preparation
Managing finances as a travel agent or running a travel agency involves juggling a lot…
Manage your Travel Business finances smarter with PenAir’s Integrated Travel Accounting Software designed for travel agents, tour operators & business travel agents
Simplify travel accounting, manage, features like automated invoicing, expense tracking, and seamless commission management, and get real-time financial insights — all in one place.
Managing multiple invoices, tracking commissions, and keeping up with expenses can be overwhelming. If you’re using spreadsheets or outdated systems, you’re wasting time that could be spent growing your business.
Designed for travel agencies, tour operators, and agents. Stay organized, save time, and make informed financial decisions with these top features:
01
Automate invoicing for quick and easy payments.
Keep an eye on every cost and maximize your profits.
Simplify commission tracking and payments for agents.
04
Get detailed reports to understand your business’s performance.
Manage all your finances from one platform, with specific tools for the travel industry.
The PenAir accounting system for travel businesses has features that cater specifically to your needs, making financial management a breeze. Here’s what you can expect
Automation means fewer manual tasks and more time to grow your business
Streamline your accounting processes and avoid costly errors.
Get access to real-time financial data and make smarter decisions.
With one system for travel agent invoicing, expense management, and commission tracking, your financial operations are simpler than ever.
From intuitive user interface to seamless integration, our software provides everything you need to optimize your workflow and achieve exceptional results.
Discover what you can do!
Gain a holistic financial overview of your travel agency with a fully integrated General Ledger. Track and manage financial transactions, journal entries, and audits with ease.
Optimize your supplier payment workflows with streamlined invoice processing, vendor reconciliation, and automated payment tracking, ensuring on-time disbursements.
Effortlessly calculate and track supplier commissions based on complex travel commission structures, negotiated rates, and supplier agreements, ensuring accurate payouts.
Enhance cash flow management with automated invoicing, payment tracking, and outstanding balance monitoring, keeping your agency’s billing operations seamless.
Digitally store, categorize, and retrieve travel expense receipts, making reconciliation, financial reporting, and tax compliance effortless.
Simplify commission calculations for travel agents, staff, and affiliate partners with automated commission structures, sales-based incentives, and referral tracking.
Seamlessly integrate with bank accounts to enable automated reconciliations, transaction monitoring, and real-time financial data updates.
Ensure compliance with travel industry accounting standards by properly recognizing revenue based on booking stages, deposits, and service completion.
Manage client billing, deposits, and payment processing for flights, hotels, and tour packages while maintaining accurate financial records.
Control costs effectively by setting trip-based, departmental, or project-specific budgets, ensuring your agency remains profitable and financially sound.
Automate the calculation of travel-related taxes, VAT, GST, and regulatory filings, reducing manual work and ensuring compliance with local and international tax laws.
Seamlessly handle multi-currency transactions with real-time exchange rate tracking and automatic currency conversion for global bookings.
Enhance efficiency by integrating with GDS platforms, financial systems, and external data feeds, reducing manual data entry and improving accuracy.
Control system access by assigning user roles and permissions, ensuring data security and restricted access to financial records.
Optimize your travel agency’s accounting with Penguin TMS—effortless financial management tailored for the travel industry.
Join hundreds of travel agencies that are already using PenAir Accounting & bookkeeping for travel agencies to manage their finances with ease. Start your free trial and see how we can help your business grow.
Find answers to commonly asked questions about PenAir Travel Accounting System
PenAir is a comprehensive travel agency accounting software that simplifies financial management for travel agents, tour operators, and business travel agents. It offers automated invoicing, expense tracking, commission management, and financial reporting to streamline operations.
PenAir is designed specifically for the travel industry, making it the best accounting software for travel agencies. It includes travel-specific features like travel agent invoice software, commission tracking, and comprehensive financial reporting to simplify financial operations.
PenAir offers a range of features, including travel invoice software, expense management, commission tracking, financial reporting, accounts payable/receivable, and bank module integration. These tools are tailored to meet the unique financial needs of travel agencies.
PenAir’s travel agent invoice software automates the invoicing process, allowing you to quickly generate and send invoices to clients. It streamlines billing and ensures that payments are processed efficiently.
Yes, PenAir is an accounting software for tour operators as well. It helps manage tour-specific finances, including budgeting, revenue recognition, and supplier commission tracking, making it ideal for both tour operators and travel agencies.
PenAir simplifies bookkeeping for travel agencies by automating tasks like expense tracking, invoicing, and commission management. It also provides detailed financial reports and integrates with bank accounts to streamline reconciliation.
PenAir stands out with its travel-specific accounting system features such as supplier and affiliate commission tracking, multi-currency management, and third-party data integration. It is designed to address the unique needs of the travel industry.
PenAir’s system automatically calculates and tracks travel agent commissions based on sales. This ensures timely and accurate payouts to agents, simplifying commission management.
Yes, PenAir handles multi-currency transactions through its exchange rate management feature, allowing travel agencies to manage real-time exchange rates and seamlessly convert amounts for international operations.
Absolutely! PenAir supports global travel company accounting with features like multi-currency management, tax/statutory compliance, and revenue recognition, ensuring your business operates smoothly across different regions.
PenAir accurately recognizes and records revenue according to accounting standards, helping travel agencies and tour operators improve their financial reporting and compliance.
PenAir generates detailed financial reports, including profit and loss statements, cash flow reports, and balance sheets. These reports provide insights into your travel agency’s financial performance, helping you make informed business decisions.
PenAir’s supplier commission tracking feature automatically calculates and tracks commissions owed to suppliers, simplifying complex commission structures and ensuring accurate payouts.
Yes, PenAir includes budgeting tools that allow travel agencies to set and monitor budgets for different trips, departments, or projects, helping to control costs and meet financial targets.
PenAir integrates seamlessly with bank accounts to automate transaction reconciliation, manage financial data, and keep your travel agency’s accounting system up to date with real-time financial information.
PenAir offers robust user rights management, allowing travel agencies to control access to sensitive financial data by assigning specific roles and permissions to staff members.
Don’t let complex accounting systems slow you down. PenAir offers the best accounting software for travel agencies, and tour operators designed to make your life easier.
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