Assign to new reconciliation
Once all adjustments are added, you can assign underlying entries to a reconciliation entry in order to be filed with US Customs. You can do this from the
Assign To New Reconciliation
tab on the Reconciliation Preparation
screen.Click on expand arrow to see more details on a specific entry and you will see the details on adjustments applied to that entry previously.
In order to assign an entry to a new reconciliation filing, click the Entry check box and select the “Mark as Ready for” option and click “Assign to XXX-XXXXXXX-
X
”
Mark as ready for options | Description |
|---|---|
No Change Reconciliation | A No change Reconciliation indicates that, for all flagged entry summaries grouped on the Reconciliation entry, none had changes to the data elements nor changes to the revenue. A no change means that every flagged entry has no changes to any of the data. It is not required to transmit line item data for a no change Reconciliation. |
Entry By Entry Reconciliation | An entry-by-entry Reconciliation entry must be filed if a refund of duties, fees, or taxes result from the adjustments made and the importer requests a refund. An entry-by-entry Reconciliation entry must show all revenue adjustments for each flagged entry summary individually.
Entry-by-Entry Reconciliation entries may be filed to report increases, decreases, or a mix of changes or no changes, as long as the changes to each flagged entry summary are reported individually |
Aggregate Reconciliation | Aggregate Reconciliation entries, identifying the flagged entry summaries, must be filed when there are no changes to report on the flagged issues. An importer may file an aggregate Reconciliation entry with summarized data showing reconciled adjustments at an aggregate level when all adjustments covered by the Reconciliation entry result in an increase in the importer’s liability for duties, taxes, and fees.
A list of the flagged entry summaries is required, but the revenue change need not be attributed individually to each flagged entry summary. If an aggregate Reconciliation entry is filed, drawback may not be claimed on the increased/reconciled adjustment. An aggregate Reconciliation entry reporting a decrease in the importer’s liability for duties, fees and taxes may be filed only if the importer waives the right to any corresponding refund of duties, fees and taxes. |
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