Aircraft IT Logo

Skip Navigation Links
November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 August 2010

Sirax User Conference: Lufthansa Systems presents new module for automatic tax calculation

27/06/2018

Lufthansa Systems
Connect with Aircraft IT
Sign up to the Aircraft IT twitter feed for all the aviation industry's latest IT related news
Click here to learn about free Membership to Aircraft IT




Sirax User Conference: Lufthansa Systems presents new module for automatic tax calculation

Airline customers of the revenue accounting solution meet up in Hamburg

Raunheim, June 27, 2018 – Lufthansa Systems is hosting its 13th Sirax User Conference this week. The Sirax community is meeting in Hamburg from June 26 to 28. At the event, Lufthansa Systems presents new features for the Sirax product family such as the new X1 Tax Module for automatic tax calculation. Around 50 attendees, including representatives of 20 customer airlines of all sizes and business models, will use the conference to discuss current issues and trends, and define new ideas for upcoming releases.

“Efficient and accurate revenue accounting has to meet requirements that are complex and sometimes change dynamically. Tax regulations and country-specific aspects also need to be considered,” said Andreas Reimann, Head of Finance & Commercial Products & Solutions at Lufthansa Systems. “Our Sirax product family is ideally positioned to meet these requirements with the new X1 Tax Module, and it is continuously advanced, updated and enhanced together with our customers.”
The new X1 Tax Module, which is part of the Sirax revenue accounting solution, calculates all applicable taxes fully automatically based on travel data. The system checks tax regulations and other conditions (YQ/YR conditions) depending on the routing, issue terms and other details of a passenger’s trip and applies the appropriate taxes for the trip. Tax calculation is based on Airline Tariff Publishing Company (ATPCO) tax rules (X1/2) and thus includes all required charges, levies and fees (TTBS/RATD, YQ/YR and PFC). All daily updates provided by ATPCO are automatically fed into the tax module’s database.

The new functionality has been developed on customer request and is now available to all Sirax customers. Many product enhancements such as this new feature are initiated directly by the community, including new functionalities for automatically detecting scheduled changes, bug fixes related to the Fare Calculation Box, and workflow improvements.

Prior to the annual user conference, the community always comes together without Lufthansa Systems to collect suggestions for product enhancements and discuss which ideas deliver the greatest benefit to airlines. These ideas are then presented during the conference. “This approach is unique in the industry and highly appreciated by our customers,” said Reimann. “It enables us to adapt the Sirax revenue accounting solution even more precisely to client-specific requirements.”

In addition to new functionalities, Lufthansa Systems also presents the new Sirax product family portfolio at this year’s user conference. The product family includes revenue accounting products like Sirax/RA, Sirax/Credit and Sirax/Cockpit, services such as providing the new X1 Tax Module as a web service, and encryption systems (pEngine, sEngine). Lufthansa Systems also offers corresponding consulting services.