C.A. Shea

1

• C.A. Shea Company, Inc.
• 720 Palisade Avenue
• Englewood Cliffs, NJ 07632
• Phone [phone]
• Fax [phone]
• Email bonds_at_cashea.com
• Web Site www.cashea.com

Presents Customs Border and Protections
Automated Commercial Environment and Periodic
Monthly Statements
2
Automated Commercial Environment and Periodic
Monthly Statements
April 2005
3
Agenda

• What is Automated Commercial Environment (ACE)?
• ACE Secure Data Portal
• Periodic Monthly Statement (PMS) Benefits
• Reports
• How to Become an ACE Participant
• Requirements for Participating in PMS

4
What is ACE?

• Provides a technology foundation for all border
  security initiatives within U.S. Customs and
  Border Protection (CBP)
• Increases CBP visibility into the supply chain.
• Revolutionizes the processing of goods crossing
  the borders into the U.S.
• Allows trade to better manage their own trade
  information.
• Expedites legitimate trade by providing CBP with
  the tools to efficiently process imports/exports
  and move goods quickly across the border.
• Improves communication, collaboration, and
  compliance efforts between CBP and the trade
  community.
• Facilitates efficient collection, processing and
  analysis of commercial import and export data.

5
What is ACE? (continued)

• Provides an information-sharing platform for
  trade data throughout the government via
  International Trade Data System (ITDS)
• ITDS originally was designed as a secure,
  integrated, government-wide system for the
  electronic collection, use, and dissemination of
  international trade and transportation data.
  Today, ITDS is the vehicle by which federal
  agencies, with missions tied to international
  trade and transportation, integrate into ACE.
• ITDS and Participating Government Agency (PGA)
  integration into ACE allows ACE to become the
  single window through which the trade community
  will submit all of its federally mandated import
  and/or export data to all pertinent federal
  agencies once, using a single, harmonized
  standard data set.
• ITDS helps ACE realize its full potential through
  integration of PGAs.

6
The ACE Secure Data Portal
Continual enhancements such as better on-line
help and News Tab
Real time review of CBP entry data
Uniform customer support
Over 60 downloadable reports, including HTS
Management and access of filer and port details
Issue management, communications and problem
solving enhancement
Secure account creation and user access
privileges assignation
Transaction to transaction accounting
Duty payments for importers and brokers on a
monthly statement
Management of entry summary historical data
7
PMS Benefits

• Move from a transaction-by-transaction payment
  process to an interest-free periodic monthly
  statement process.
• Receive up to 45 days interest free float.
• Pay for all shipments released during the month
  by the 15th of the following month.
• Pay via PMS when broker is shown as the importer
  of record - bond rider is required.
• View statement as it is being built.
• Select either a national or a port statement.
• As of the printing of this slide deck, reference
  to the 11th and 15th of the month pertain to the
  11th and 15th calendar days however, CBP
  anticipates a June 2005 completion of Programming
  to implement the change from calendar to business
  day.

8
Scheduling Statement Due Date

• Importer can choose between the first to the 11th
  day of the month when the preliminary periodic
  monthly statement is generated by CBP. (Default
  is the 11th of the month).
• Merchandise entered or released on the first to
  the last day of the month can be scheduled for
  payment on the following month periodic monthly
  statement.
• Entries must be scheduled for periodic daily
  statement within ten working days of the date of
  entry, but must not exceed the designated
  preliminary periodic monthly statement due date.
• As of the printing of this slide deck, reference
  to the 11th and 15th of the month pertain to the
  11th and 15th calendar days however, CBP
  anticipates a June 2005 completion of Programming
  to implement the change from calendar to business
  day.

9
Scheduling Statement Due Date (ACH Payment)

• The Periodic Daily Statement Debit Authorization
  and/or Entry Summary Presentation (PN) must be
  processed on schedule for each periodic daily
  statement.
• For ACH Payment participants, the PN acts as
  Debit Authorization AND Entry Summary
  Presentation.
• When an entry summary is scheduled for a given
  months PMS, if the actual release date changes
  to a different month than the entry summary was
  originally filed, it may need to be retransmitted
  with a different Periodic Statement Month to
  ensure timely payment
• For ACH Payment participants, on the 15th of each
  month, CBP will transmit the Payment
  Authorizations that were done for each periodic
  daily statement to the bank.
• As of the printing of this slide deck, reference
  to the 11th and 15th of the month pertain to the
  11th and 15th calendar days however, CBP
  anticipates a June 2005 completion of Programming
  to implement the change from calendar to business
  day.

10
Scheduling Statement Due Date (ACH Credit)

• The Periodic Daily Statement Debit Authorization
  and/or Entry Summary Presentation (PN) must be
  processed on schedule for each periodic daily
  statement.
• For ACH Credit participants, the PN acts as
  Entry Summary Presentation.
• When an entry summary is scheduled for a given
  months PMS, if the actual release date changes
  to a different month than the entry summary was
  originally filed, it may need to be retransmitted
  with a different Periodic Statement Month to
  ensure timely payment.
• ACH Credit participants are responsible for
  transmitting payment to CBP by the 15th of each
  month.
• As of the printing of this slide deck, reference
  to the 11th and 15th of the month pertain to the
  11th and 15th calendar days however, CBP
  anticipates a June 2005 completion of Programming
  to implement the change from calendar to business
  day.

11
Periodic Monthly Statements Views
Periodic (Monthly) Statement
Monthly total of duties and fees that the
importer owes
Drilldown to Daily Statement Detail
Daily totals of duties and fees that comprise the
monthly statement
Drilldown to Entry Detail on Statement
All the individual entries make up a daily
statement.
12
More than 60 Useful Trade Reports

• Example of reports available through ACE
• Account Management Report Categories
• Cargo Entry Reports (aggregate and detail)
• Cargo Exam Reports (aggregate and detail)
• Entry Summary Reports (aggregate and detail)
• Entry Summary Compliance Reports (aggregate and
  detail)
• Importer and Broker Quick Views
• Account Revenue Reports
• Aged Entry Data
• Subsidiary Ledger Reports
• Importer and Broker Statement Quick Views

13
Useful Reports for Monitoring
14
Useful Reports for Monitoring (contd)
15
Improvements to Reports

• CBP continually improves report function based on
  Trade feedback. Some examples of recent
  enhancements
• Recreated Quick Views Quick Views run against a
  smaller database table, therefore running more
  quickly. This allows larger accounts to run
  reports.
• Users are now able to choose to be prompted for
  the same settings the next time that they enter
  reports.
• A report, AM_008 Entry Summary Line Detail Report
  (NULL Dates) was added to allow users to find
  entries that had NULL values for their entry
  Dates.

16
Applying for ACE is Easy!

• If your company has internet access, your company
  is eligible.
• Step 1 Fill out the ACE application
• Download from www.cbp.gov/modernization
• - or -
• e-mail ACENow_at_dhs.gov and we will send it to you
• Step 2 Return the ACE application to CBP
• ACE Secure Data Portal
• U.S. Customs and Border Protection
• 7501 Boston Blvd. Room 211
• Springfield, VA 22153

17
Requirements for Participating in PMS

• The applicant must
• Have the ability to make periodic payments via
  Automated Clearinghouse (ACH) Credit or ACH
  Debit.
• Have the ability to file entry/entry summary
  information via the Automated Broker Interface
  (ABI).
• Submit a bond rider covering the periodic payment
  of estimated duties .
• See FRN published February 4, 2004, (69 FR 5362)
• In an email to periodicstatement_at_dhs.gov
• Importer Account applicants must provide the
  following information Importer of Record (IR)
  number, company name, address, and name of Trade
  Account Owner.
• Broker Account applicants must provide the
  following information filer code number, company
  name, address, and name of Trade Account Owner.
• List of IR numbers and a PDF file containing a
  copy of the bond rider(s) should be sent to the
  Indianapolis Finance Center.