New ACE reporting to support reconciliation in ACE
As you know, CBP delivered ACE Deployment G, Release 4, on Saturday, February 24th, as promised. One of the critical pieces of this deployment was moving reconciliation entries into ACE, along with drawback, liquidation and other functionality. Read our prior blog on this deployment.
Now, CBP has made long-awaited ACE REPORT ENHANCEMENTS relating to recon. On March 17th, 2018, CBP has deployed two new universes and nine new standard reports in ACE, to further support the transition of reconciliation into ACE. These enhancements are meant to provide the trade with all necessary information for reconciliation filing. Read CSMS #18-000229 – ACE Deployment G Reports Deployment – March 17, 2018 here.
For example, ACE ES-501 is a report showing all open entries flagged for recon. ES-502 provides bond information.
In fact, on April 14, 2018, the Authorized Data Extracts will be retired, and effective this date, all reports capabilities will reside in ACE Reports.
For more information, please review the ACE Deployment G Reports Information Notice for Trade.
CustomsNow is an ACE-certified software vendor and compliance consulting company, whose clients are brokers, importers, exporters, forwarders, and more. We have an excellent reconciliation solution, which allows filers to upload underlying entry data from any/all various original filers to a single recon. Contact us to learn more.
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