Effective immediately, Handbook F-101, Field Accounting Procedures, is revised to clarify performing a count concurrently to mean before any other transaction of the Unit Reserve accountability is performed.
Whenever the result of the retail floor stock count exceeds the threshold, the account of the unit reserve stock credit must be completed concurrently (before any unit reserve transactions take place). If an employee with a retail floor stock role is also assigned the unit reserve stock, a count of the unit reserve stamp stock must be completed concurrently (before any unit reserve transactions take place).
Handbook F-101, Field Accounting Procedures
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13 Stamp Stock and Cash Credits
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13-4 Unit Reserve Stamp Stock Credit Count
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[Revise items a and b of 13-4 to read as follows:]
a. If the unit reserve stock custodian also has a retail floor stock role (POS units only) and the retail floor stock count results exceed the inventory threshold, a count of the unit reserve stamp stock credit must also be completed concurrently (before any unit reserve transactions take place).
b. If the result of the retail floor stock count (POS units only) exceeds the inventory variance of 0.1 percent since the last count, a count of the unit reserve stamp stock credit must also be completed concurrently (before any unit reserve transactions take place).
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14 Segmented Inventory Accountability
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14-2 Retail Floor Stock
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14-2.4 Counts
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[Revise item a of 14-2.4 to read as follows:]
a. The postmaster, manager, or supervisor is responsible for the required count of the retail floor stock and the maintenance of established inventory levels. There is no tolerance applied for retail floor stock counts. If an employee with a retail floor stock role is also assigned the unit reserve stock, a count of the unit reserve stamp stock credit must also be completed concurrently (before any unit reserve transactions take place).
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14-2.5 Count Frequency
[Revise item a of 14-2.5 to read as follows:]
If the result of the retail floor stock count exceeds the inventory variance of 0.1 percent since the last count, a count of the unit reserve stamp stock credit must also be completed concurrently (before any unit reserve transactions take place).
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We will incorporate these revisions into the next printed version of Handbook F-101 and into the next online update, available on the Postal Service™ PolicyNet website:
n Go to http://blue.usps.gov.
n In the left-hand column under “Essential Links”, click PolicyNet.
n Click HBKs.
(The direct URL for the Postal Service PolicyNet website is http://blue.usps.gov/cpim.)
— Field and International Accounting,
Controller, 8-12-10
