RAILAcct® captures all railcar costs and revenues and allocates them to the appropriate business unit.

RAILAcct® provides a general ledger for recording all rail fleet transactions that pertain to both costs and revenues for railcars, then allocates those transactions to the appropriate business groups.

RAILAcct® Feature Benefits:

• Produces monthly reports to analyze repairs by BRC, shop, railroad, repair type, leasing company, and contract.
• Provides automated repair estimate approval process.
• Provides full functionality for monthly mileage audit and claims filing.
• Imports electronic lease invoices and confirms the billing.
• Provides excess empty mileage audit.
• Summarizes costs and revenues by business unit with cost center codes that provide a link to accounting systems.

Railcar Cost and Revenue Transactions Supported:

• Repair estimates and invoices
• Lease invoices and credits
• State taxes
• Demurrage payments
• Asset depreciation
• Mileage credits and equalization
• Sublease revenues
• Detention invoices and payments
• User-defined miscellaneous expenses