Link to "Forever Stamps Price Change Instructions for Stamps by Mail Orders" Link to contents for "Organization Information"      Link to "Instructions for Payments Postmarked Before the April 10, 2016, Price Change"

Nondenominated Price Change Instructions for Stamps by Mail Orders

Effective at 12:01 a.m., Sunday, April 10, 2016, the new First-Class Mail® single-piece 1-ounce price is 47 cents. All Post Offices™, postal retail units, and Stamps by Mail® fulfillment centers must decrease the value of each nondenominated stamp on hand in their inventories prior to opening for business on April 10, 2016. All nondenominated stamps on hand must be revaluated to the new First-Class Mail price for each nondenominated rate.

The new nondenominated prices may affect Stamps by Mail orders that are in transit. If a Stamps by Mail Nondenominated order is mailed (postmarked) or the order form and check are dated before April 10, 2016, with the old price, accept the order with the old price and process the transaction as shown in the table.

 

Type of Stamp

New Price

Offset the Difference

Nondenominated Stamp

Enter the new price for the Nondenominated sale into AIC 097, Nondenominated Walk-In Stamps Sales

Enter the total difference between the old and new price into AIC 123, Lobby Service Revenue

Note: Do not process Stamps by Mail Forever® stamp orders that are mailed after April 10, 2016, with the old price; return the order and payment to the sender advising of the new First-Class Mail single-piece 1-ounce price.

— Revenue and Field Accounting,
Controller, 3-31-16




Link to "Forever Stamps Price Change Instructions for Stamps by Mail Orders" Link to contents for "Organization Information"      Link to "Instructions for Payments Postmarked Before the April 10, 2016, Price Change"