Tag: Acronym

Accounting Service Center (ASC) An accounting and disbursing facility that provides accounting support for postal activities. Each ASC specializes in one or more functions: Minneapolis, MN, payroll; San Mateo, CA, accounts payable, assets, and Centralized Account Processing System (CAPS); and St. Louis, MO, Postal Money Orders, customer insurance claims and inquiries for lost or damaged… Continue reading Accounting Service Center (ASC) – USPS Definition

Accounting Period (AP) A period that forms one twelfth of the postal fiscal year. Each accounting period corresponds to a calendar month and is numbered from the beginning of the fiscal year that starts on October 1 (e.g., AP 1 is October, AP 2 is November).

Accounting Data Mart (ADM) A section of the Enterprise Data Warehouse that contains accounting and financial information.

Account identifier code (AIC) A three-digit code that assigns financial transactions to the proper account on the general ledger. Each AIC is assigned to a corresponding general ledger.

Accountable Paper Paper in a postal facility that holds monetary value and must be accounted for including postage stock, International Reply Coupons, migratory bird hunting and conservation stamps, philatelic products, blank Postal Money Order forms, and items awaiting destruction

Accountable Materials Certain items of inherent monetary value. These include postal items such as International Reply Coupons, postage stamps, philatelic products, Stamped Envelopes and Stamped Cards, blank Postal Money Order forms, or any unsold item awaiting destruction. Accountable materials also include service items provided to the general  public on half of certain federal agencies such… Continue reading Accountable Materials – USPS Definition

Accountable Mail Mail that requires the signature of the addressee or addressee’s agent upon receipt to provide evidence of delivery or indemnification for loss or damage. Accountable mail includes Priority Mail Express service and Special Service mail such as Certified Mail, Collect on Delivery, Insured Mail for more than $200, Registered Mail, Return Receipt, and… Continue reading Accountable Mail – USPS Definition

Accepts The total number of mailpieces processed by an optical character reader or barcode reader and assigned to the correct stacker (open bin).

Function A two-letter code that indicates the principal area within the Postal Service that uses or originated the term. Every term entry includes a function. Function Codes Code Function AM address management CA consumer affairs CO communications and public affairs CR customer relations DE delivery EN engineering FA facilities FI finance GC general counsel GR… Continue reading Function – USPS Definition

Cross-Reference A direction to go to the official presentation of the term (e.g., (See postal money order.) for the entry money order). A signal to see another related term (e.g., (See also saturation price.) for the term high density price). Also a signal to compare a related term (e.g., (Compare with area and district.) for… Continue reading Cross-Reference – USPS Definition