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ACE (Automated Commercial Environment)
Overview for Importers
(12/19/2006)As an importer, the Automated Commercial Environment (ACE) provides
an outstanding opportunity to participate directly in the modernization efforts
of the U.S. Customs and Border Protection (CBP) by establishing an ACE portal
account. As an ACE portal account holder, you will have access to numerous reports
that will allow you to more closely monitor your compliance and will serve as
an effective tool in making real-time business decisions. Duties and fees no
longer have to be paid on a transaction-per-transaction basis but can be paid
using a monthly statement, thus streamlining the accounting processes. Users
simply mark the entries they wish to be paid on the statement, and then submit
payments through Automated Clearing House (ACH) processing.
- Transition to an interest-free monthly statement
process from a transaction-by-transaction payment
process
- Pay for eligible shipments released during a month
by the 15th working day of the following month, potentially
providing a significant cash flow advantage
- Review CBP entry summary data in near real-time
- Access more than 80 reports
to closely monitor your company’s compliance,
transactional, and financial data
- Create an account based
on your company’s
organizational structure and restrict user access
to select account information
- Manage issues and resolve problems more effectively
- Illustrate the dynamics of import data by commodity
or company-wide on a single platform
Planned ACE Features for Importers
- Complete automation of reconciliation, including
the ability to file antidumping and countervailing
duty reconciliation
- Electronic correction capability for entry summaries
- Automated Census overrides
- Monthly summary of financial activity for ACE portal
accounts
Additional Information
For more information on ACE:
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