Activity Code – USPS Definition

Activity Code A one-digit number that indicates the functional area in which an employee is assigned. The activity code is usually joined to the two-digit designation code as a second element and called designation/activity code.

Accounting Service Center (ASC) – USPS Definition

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) – 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).

Accountable Paper – USPS Definition

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 – USPS Definition

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 generalĀ  public on half of certain federal agencies such… Continue reading Accountable Materials – USPS Definition