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Postal Bulletin 22328, January 12, 2012 - Our Business Is Delivering

Postal Bulletin 22328, January 12, 2012 - Our Business Is Delivering

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46 postal bulletin <strong>22328</strong> (1-<strong>12</strong>-<strong>12</strong>) Organization Information<br />

Reminder: International Reply Coupons<br />

All postal retail units must submit foreign-issued<br />

(exchanged) and U.S.-issued (redeemed) international<br />

reply coupons (IRCs) accepted through December 31,<br />

2011, to their assigned destruction stamp distribution center<br />

(SDC) or stamp distribution office (SDO) as follows:<br />

SDCs accepting redeemed or exchanged IRCs:<br />

Kansas City, Phoenix, and Atlanta<br />

SDOs accepting redeemed or exchanged IRCs:<br />

Caribbean, Alaska, and Honolulu<br />

Redeemed or exchanged IRCs (pictured below) with an<br />

expiration date of December 31, 2013 (Item Number<br />

330800), are the only version that will be accepted by SDCs<br />

and SDOs. The due date for submission by postal retail<br />

units is <strong>January</strong> 31, 20<strong>12</strong>.<br />

The redemption rate for foreign-issued exchanged IRCs<br />

with an expiration date of December 31, 2013, is: 90 cents.<br />

Customer-returned U.S.-issued IRCs are redeemed at 1<br />

cent less than purchase price.<br />

Handbook F-101, Field Accounting Procedures, part<br />

11-6.6 contains specific instructions for submitting<br />

exchanged foreign-issued and redeemed U.S.-issued IRCs<br />

to SDCs or SDOs.<br />

Do not return IRCs with an expiration date of December<br />

31, 2009, and earlier to an SDC or SDO. IRCs with an expiration<br />

date before December 31, 2009, that were not<br />

returned as advised in past <strong>Postal</strong> <strong>Bulletin</strong> articles must be<br />

removed from your inventory, destroyed locally (no value),<br />

and posted as a shortage (AIC 767) to your unit reserve<br />

stock inventory. (POS units must enter a count in the<br />

“Count Inventory and Cash” workflow; select “yes” to the<br />

question “<strong>Is</strong> this a final count”.) Unit reserve custodians<br />

may submit a claim for loss to the district Finance manager<br />

following procedures in Handbook F-101, Field Accounting<br />

Procedures, sub-chapter 8-7, Claim for Loss. Upon receipt<br />

of an approved claim for loss, clear the stamp credit shortage<br />

(AIC 367) and offset to AIC 633, Claim for Loss; use<br />

Reason Code 10, Uncollectible Employee Items.<br />

Do not return IRCs with an expiration date of December<br />

31, 2009, and earlier to an SDC or SDO for any reason.<br />

SDC and SDO<br />

SDCs and SDOs must mail redeemed and exchanged IRCs<br />

(with an expiration date of December 31, 2013, only) received<br />

from postal retail units by February 28, 20<strong>12</strong>, to the following<br />

address:<br />

Eagan ASC Finance Branch<br />

Financial Reporting<br />

U.S. <strong>Postal</strong> Service<br />

2825 Lone Oak Pkwy.<br />

Eagan, MN 55<strong>12</strong>1-9617<br />

Handbook F-101 part <strong>12</strong>-2.8 contains specific instructions<br />

for submitting exchanged foreign-issued and<br />

redeemed U.S.-issued IRCs to the Eagan ASC.<br />

Handbook F-101 is available on the <strong>Postal</strong> Service<br />

PolicyNet website:<br />

Go to http://blue.usps.gov<br />

In the left-hand column, under “Essential Links,” click<br />

PolicyNet.<br />

Click HBKs.<br />

(The direct URL for Handbook F-101 is http://<br />

blue.usps.gov/cpim/ftp/hand/f101.pdf.)<br />

— Revenue and Field Accounting,<br />

Controller, 1-<strong>12</strong>-<strong>12</strong>

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