Supply Management
Recycling Account Code Changes
Effective immediately, Finance has
adopted new wording for account identifier codes (AICs) for reporting
recycling revenue. This will assist recyclers within the Postal ServiceTM
with capturing and reporting accurate recycling revenue data.
The changes can be viewed on the
Blue page at http://blue.usps.gov; click Inside USPS; then Finance under the Finance section, then Excel File under
the first entry named F1, Appendix A (PDF) in the Downloads section at
the bottom of the page; open and click on the AIC List tab at the
bottom of the page, then scroll to AIC 149.
The Master Title for AIC 149 will
now read "Sale of Paper, Plastic and other Recyclables." The
General Description for AIC 149 will now read "Funds collected from
the sale of paper, plastic and other recyclables such as: aluminum, batteries
(non-vehicle), cardboard, fluorescent bulbs, glass, newsprint, pallets,
printed matter from mail recovery center, plastic, rubber, shrink wrap,
twine, waste paper and other recyclables."
Revenue from AIC 149 was being placed
in General Ledger Account (GLA) 44036000, an account for revenue from
the "Sale of Postal Antiques." This error has been corrected.
Recycling revenue from AIC 149 will now be placed in GLA 52967149, an
account for revenue from the "Sale of Waste Paper, Twine, Dead Mail
and Other Recyclable Matter."
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These accounts will remain the same:
• AIC 154 will remain as the
revenue account for the sale of motor vehicles.
• AIC 156 will remain as the
revenue account for the sale of scrap metal, miscellaneous items, and
equipment.
• AIC 157 will remain as the
revenue account for the sale of postal antiques.
• AIC 696 will remain as the expense account for payment of waste disposal costs for recyclable
material, dead mail, etc.
Do not use AIC 126 to report
recycling revenue within the Postal Service. This account is a revenue account for "Funds collected from weighted-average
BRM monthly fee, loss of postal property, lost badges, money found loose
in the mail, jury fees, unclaimed money from Mail Recovery Center, fines
and penalties, fees received for jury service or as a witness while on
court leave, telephone pay station commission, and OWCP check payable
to the USPS."
- SCM Strategies,
Supply Management, 3-17-05
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