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PlaneConnection provides eight financial reports covering fuel costs, operating expenses, invoicing, and aviation tax compliance. All reports are accessible from Ops > Reports > Financial and can be exported to CSV or PDF.

Report Directory

Report NamePurposeKey MetricsTypical Use Case
Contract Fuel ReceiptsTrack fuel purchased under contract fuel agreements.Date, vendor, gallons, contract price, retail price, savings.Contract fuel program reconciliation.
Contract vs Retail FuelCompare contract fuel pricing against retail rates across vendors and locations.Average contract price, average retail price, savings per gallon, total savings.Evaluating contract fuel program value; vendor negotiations.
Expense SummaryAggregate operating expenses by category across aircraft and date ranges.Total expenses by category, per-hour cost, per-leg cost.Monthly operating cost review; budget tracking.
Operating CostsDetailed cost breakdown per aircraft including fixed and variable components.Fixed costs, variable costs, cost per hour, cost per mile, total operating cost.Aircraft cost-of-ownership analysis; charter rate setting.
Invoice Status BreakdownStatus summary of all invoices (draft, sent, paid, overdue).Invoice count by status, total amounts, aging, average days to payment.Accounts receivable management; cash flow monitoring.
SIFL RatesStandard Industry Fare Level rates for personal-use imputed income calculations.SIFL rate tiers, mileage bands, effective dates.Tax compliance for personal use of company aircraft.
Flight Tax SystemsIntegration report for flight tax calculation systems.Taxable legs, tax category, imputed values, FET applicability.Federal Excise Tax compliance; personal use tax reporting.
Aviation Tax ConsultantsSummary data formatted for submission to aviation tax advisory firms.Flight data, passenger data, trip purpose, cost allocation.Annual tax preparation; audit support.

Report Details

Contract Fuel Receipts

Lists all fuel purchases made under contract fuel agreements, showing the contracted price versus the retail price at the point of purchase. Filters: Date range, aircraft, fuel vendor, airport. Output columns: Date, tail number, airport, vendor, fuel type, gallons, contract price/gallon, retail price/gallon, total cost, savings.

Contract vs Retail Fuel

Analyzes the financial performance of contract fuel programs by comparing contracted rates to the retail alternative across locations and time periods. Filters: Date range, fuel program, airport, vendor. Output columns: Airport, vendor, total gallons, average contract price, average retail price, savings per gallon, total savings, savings percentage.

Expense Summary

Aggregates all operating expenses by configurable categories (fuel, maintenance, hangar, insurance, crew, landing fees, handling fees, catering, other). Filters: Date range, aircraft, expense category, vendor. Output columns: Category, total amount, transaction count, average per transaction, percentage of total expenses, per-flight-hour cost.

Operating Costs

Provides a comprehensive cost-of-ownership view per aircraft, separating fixed costs (hangar, insurance, management fees) from variable costs (fuel, maintenance, landing fees, crew per diem). Filters: Date range, aircraft, cost type (fixed/variable/all). Output columns: Tail number, fixed costs, variable costs, total cost, flight hours, cost per hour, cost per nautical mile, cost per leg.

Invoice Status Breakdown

Summarizes invoice lifecycle status across all customers and trips. Includes aging analysis for overdue invoices. Filters: Date range, customer, status (draft/sent/paid/overdue), aircraft. Output columns: Status, invoice count, total amount, average invoice amount, average days outstanding. Aging buckets:
BucketRangeDescription
Current0 — 30 daysInvoices within payment terms.
31 — 60 days31 — 60 days past dueFirst follow-up required.
61 — 90 days61 — 90 days past dueEscalated collection.
90+ daysOver 90 days past dueRequires management review.

SIFL Rates

Displays the current and historical Standard Industry Fare Level rates published by the IRS for calculating the imputed income value of personal use of employer-provided aircraft under IRC section 61. Filters: Effective date range. Output columns: Effective period, mileage band (0 — 500 mi, 501 — 1,500 mi, over 1,500 mi), rate per mile, terminal charge.
SIFL rates are updated semi-annually by the IRS. PlaneConnection imports updated rates automatically when published.

Flight Tax Systems

Generates data formatted for flight tax calculation, identifying taxable legs and categorizing flights by tax treatment (business, personal, entertainment, deadhead). Filters: Date range, aircraft, passenger, trip purpose. Output columns: Date, trip number, leg, origin, destination, distance, passenger, trip purpose, tax category, imputed value, FET applicable.

Aviation Tax Consultants

Exports a comprehensive data package suitable for submission to aviation tax advisory firms. Combines flight data, passenger manifests, trip purpose classifications, and cost allocation in a standardized format. Filters: Tax year, aircraft, output format. Output: Consolidated workbook with flight details, passenger lists, cost summaries, and SIFL calculations.

Run Reports

Generate, filter, and export operational reports.

Handle Accounting

Manage expenses, invoices, and cost tracking.

Log Expenses

Record operating expenses against trips and aircraft.

Reports: Aircraft

Aircraft utilization reports for correlating costs to usage.
Last modified on April 11, 2026