CBA Reconciliation

Lorraine Travel exclusively uses the SABRE reservation system, which is considered the travel industry’s most advanced and totally integrated computerized reservation system (CRS). Created by American Airlines, SABRE was the first-ever CRS and currently provides a “co-host” relationship with over 67 principal air carriers including seat availability and fare information. Additionally, SABRE provides “direct access” to over 400 airlines, hotel properties and car rental companies. Direct-access allows SABRE to by-pass intermediary computer systems and sell seats, rooms, cars, etc. directly from a supplier’s inventory. We connect to SABRE via the internet and should connectivity problems arise, we have full back-up systems and technological elements in place to limit the amount if down time to a minimum. We have a long history of accounting excellence and experience, having been the first travel company in South Florida to automate most of the accounting functions including a seamless interface with our GDS.  

Lorraine Travel utilizes TRAMS, a proprietary back office system that coordinates billing with applicable reservation and ticket data. The system will allow a Centrally Billed Account (CBA) to serve as a method to book reservations and automatically bill the government’s charge card vendor (eg. American Express & Diners) for such reservations. The system produces significant data, which can be reconciled with the charge card vendor’s electronic billing statement to verify proper debiting and crediting of all used and unused travel arrangements. Further mroe the system allows manual alteration of data contained in the ticketing file as well as the charge card vendors billing file. Specifically the system allows the adjustment of the dollar values for both debit and credit transaction based upon the dollar values reflected on the travel documents retained by us.   

Our agency agrees to use Centrally Billed Account (CBA) reconciliation for all our clients. We will provide the results of the reconciliations to Federal Agencies within the timeframe instructed. In addition to automatic reconciliation, we agree to provide research and other assistance that may be required to support and resolve any reconciliation issues.