SIFL Reports: Let Skylegs Take Care of Them for You
Does your organisation need to comply with regulations and satisfy Internal Revenue Service (IRS), Federal Aviation Administration (FAA), and Securities and Exchange Commission (SEC) requirements? With Skylegs’ flight management platform, you can do that and more. In this article, you will see how we support your Standard Industry Fare Level (SIFL) reporting needs and why more aircraft operators and corporate flight departments are choosing Skylegs.
Why you need Skylegs’ new SIFL reports
We know too well the headache, potential fines, penalties and issues not complying with IRS, FAA and SEC requirements can lead to. Plus, our clients deserve peace of mind and a platform that makes their lives easier, one that centralises and automates their processes as much as possible. In light of these, we proudly announce that SIFL reporting is now available in our platform.
With Skylegs’ new SIFL report, you will be able to easily and quickly get the reports you need in order to comply with the aforementioned regulations. No more headaches, no more worrying about potentially paying hefty fines. Now you can manage your flights and take care of SIFL reporting all in one place.
How SIFL reports work in Skylegs
Skylegs’ SIFL report automatically calculates imputed income based on the valid SIFL rates on all flights marked as “entertainment”. On each flight, you can select a lead passenger, control status of the employee and, additionally, mark if whether there are security concerns for any of the passengers.
Our flexible tags system allows you to automate most of the process and ensures the whole assignment process takes no time.
Join operators who already benefit from Skylegs’ flight management platform
Skylegs is the software of choice for large automobile, parts, pharmaceutical, retail, wholesale and tires corporations. It is worth-highlighting that some of these companies are in the Global Fortune 500. This goes to show that Skylegs is trusted by some of the most successful and most influential companies worldwide.
Join other Corporations and operators in the Skylegs family and get the peace of mind you need and deserve!
Contact our team and get your free trial: https://skylegs.com/contact-us
