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Finance


REMINDER

International Reply Coupons

All stations, branches, and Post OfficesTM must submit exchanged foreign-issued and U.S.-issued refunded international reply coupons (IRCs) accepted through December 31, 2005, to their servicing stamp distribution office (SDO) or stamp services center (SSC) before February 28, 2006.

Redemption rates are as follows:

Exchanged Foreign-Issued Rate per Item
1-1-05 through 12-31-05 $0.80
Note: Reply coupons issued by foreign countries before January 1, 1975, are no longer redeemable at U.S. Post Offices.
U.S.-Issued Refunded Rate per Item
1-1-05 through 12-31-05 $1.74

Section 426.9 of Handbook F-1, Post Office Accounting Procedures, contains specific instructions for stations, branches, and Post Offices submitting exchanged foreign- issued and U.S.-issued refunded IRCs to their servicing SDO or SSC.

Section 437.34 of Handbook F-1 contains specific instructions for SDOs and section 447.34 for SSCs to account for returned IRCs and submission to the accounting service center (ASC).

SDOs and SSCs must mail IRCs to the following address:

EAGAN ASC FINANCE BRANCH
FINANCIAL REPORTING
2825 LONE OAK PKWY
EAGAN MN 55121-9617

Handbook F-1 is accessible online on the Postal ServiceTM Intranet at http://blue.usps.gov/cpim; click on HBKs.

— Revenue and Field Accounting,
Finance, 2-2-06


ANNOUNCEMENT

Revised Handbook F-66B, Investment Policies and Procedures - Major Equipment

We have revised Handbook F-66B, Investment Policies and Procedures - Major Equipment. The January 2006 edition, which replaces the February 2002 edition, focuses on strengthened performance metrics, a clearly defined risk analysis process, and program compliance status reporting for investments requiring a Decision Analysis Report.

Handbook F-66B is available on the Postal ServiceTM PolicyNet Web site. We will not distribute printed copies.

• Go to http://blue.usps.gov.

• Under "Essential Links" in the left-hand column, click on References.

• Under "References" in the right-hand column, under "Policies," click on PolicyNet.

• Then click on HBKs.

(The direct URL for the Postal Service PolicyNet Web site is http://blue.usps.gov/cpim.)

We are in the process of revising the other modules in the F-66 series - F-66A, F-66C, and F-66D. Look for their publication dates in future Postal Bulletin articles.

— Capital Program and Evaluation,
Finance, 2-2-06


NOTICE

Revenue Unit for Fiscal Year 2005

The revenue unit for Fiscal Year 2005 is $326.25. This is the average revenue for 1,000 pieces of revenue-generating mail and special service transactions. The revenue unit is used in the process of determining the proper cost ascertainment grouping (CAG) for Post OfficesTM.

— Revenue and Field Accounting, Finance, 2-2-06