If you have access to US Customs’ Automated Commercial Environment (ACE), it’s possible that you may not be fully utilizing ACE’s robust reporting functionality. But thanks to CBP’s newly issued Overview of Reports, learning how to maximize ACE reporting becomes clearer.
For importers in particular, Customs emphasises that the ACE reports allow you to regularly monitor:
- Your regulatory compliance
- Your broker’s regulatory compliance
- Your bond sufficiency
- Your HTS numbers and trade preference programs
- Your Periodic Monthly Statement Activity (e.g., end of month accruals for unpaid duty, cash flow projections)
- Any unauthorized filers of entries on your behalf
The Overview of Reports reminds users that there are over 100 downloadable and customizable reports available in ACE. Some of the new trade reports available include:
- Trade Declarations Report
- Entry Summary Census Warning and Override Report
- ACE Reject Report
Additionally, the Entry Summary Universe has been redesigned to make it easier for users to create and modify ACE Entry Summary reports. (Future enhancements will improve e-Manifest reporting as well as Shared Reporting among users of the same ACE account.)
The Overview is illustrated with numerous ACE screen shots to assist users in searching for, selecting, editing and customizing reports. In addition, it provides a listing of additional resources for users, including a link to web-based report training.
The Overview of Reports is available here.