Finance

New Account Identifier Codes for Recording Sales of Forever Stamps

Effective April 12, 2007, Post Offices™ and postal retail units will begin selling the new Forever Stamp™ at the new price of 1-ounce First-Class Mail® single-piece postage — 41 cents each.

The Forever Stamp is intended to reduce the inconve­nience that mailers may experience in acquiring new-rate postage or “make-up” stamps, such as 2-cent or 3-cent stamps prior to implementation of new prices. Regardless of the purchase price, the postage value of a Forever Stamp will be the current 1-ounce First-Class Mail single-piece letter rate and will remain valid regardless of future First-Class Mail price changes.

New individual account identifier codes (AICs) have been set up to report the new Forever Stamp sales to cor­respond with the source of the sales transaction. The new AICs are described in the table below.

 

 

AIC

Master Title

General Description

GLA

FPR

Revenue

007

Forever Stamp Sales — Window Services

This account is used to record Forever Stamp sales at Post Offices and postal retail units at the window services.

41110007

03

Revenue

011

Forever Stamp Sales — by Internet – Mail – Phone

This account is used to record Forever Stamp sales by Internet, mail, and telephone orders.

41130011

03

Revenue

012

Forever Stamp Sales — Vending

This account is used to record Forever Stamp sales at stamp vending machines.

41130012

03

Revenue

014

Forever Stamp Sales — APC

This account is used to record Forever Stamp sales at the Automated Postal Centers® (APCs®).

41130014

03

Revenue

097

Forever Stamp Sales — SPORT Offices

This account is used to record Forever Stamp sales at Post Offices and postal retail units with Small Post Office Reporting Tool (SPORT) Intelligent Mail® scanners.

41110097

03

Revenue