Customs Warehousing Software

Integration Point Customs Warehousing Software provides companies with a web-based platform to assist with meeting Customs declaration requirements, creating ad-hoc reports, and reconciling inventory in a paperless trading environment.
The Challenge More and more companies are looking for ways to improve their cash flow by delaying the payment of import duty and/ or VAT. Sometimes companies just need a place to store their goods that have been imported from outside Europe, or need to wait for documentation such as licenses before their goods can be brought into free circulation. Others want to re-export non-Community goods and therefore not pay import duty and/ or VAT for such goods or discharge the goods to another customs procedure without physically exporting the goods. Customs Warehousing can benefit importers, by providing a storage facility that delays duty and/or VAT payment until goods physically leave the customs warehouse. Importers have the options of either storing their goods in an existing customs warehouse or can request to set up their own customs warehouse. The Solution Integration Point Customs Warehousing Software a proven leader in customs duty management programmes is built on a single, web-based platform containing all the tools necessary to manage the inventory and the duty deferral of your stored nonCommunity goods. Customs Warehousing Software allows companies to efficiently manage their inventory and accurately report customs requirements by seamlessly integrating with a companys Enterprise Resource Planning (ERP) system.

The Benefits Economic operators in charge of optimising a Customs Warehouse while eliminating the paper processing benefit significantly from an automated, web-based solution. The Features Integration Point Customs Warehousing Software allows economic operators to: Submit all necessary documentation such as the Declaration for Import, Pre-Shipment Advice, and/or the Single Administrative Document (SAD) to the necessary Customs Authority or the release from the Customs Warehouse Create and link the Universal Consignment Reference (UCR) to every audit trail transaction Support common stocking procedures when commercially interchangeable goods have different origins Execute queries and validate procedures that substantiate a traders responsibility under the EU Authorised Economic Operator (AEO) programme Balance inventory and reconcile with ERP system data on a daily basis Correctly flag applicable goods within the regime for preference declarations

Customs Warehousing allows for improved cash flow by delaying duty and VAT payments until goods leave the Customs Warehouse.

Email: Info@IntegrationPoint.com Web: www.IntegrationPoint.com 2012 Integration Point, Inc.

One Trade Platform Globally