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21 CHARACTER UCR NUMBER Updated 2006-11-01 1 AIMS To address the problems related to advance and bulk payments and consignment goods. Exporters receiving advance payment often do not have an invoice or order number ready to include in the UCR. Bulk payments require the processing of individual amounts The processing of bulk payments is time-consuming and not efficient Updated 2006-11-01 2 NON-COMPLEX EXPORTS Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. Sequence of Exports for the month (2) Customer client Normal payments (1) code (6) 4 Z A 0 0 0 1 1 1 1 1 A U S 0 0 3 A 1 1 N 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 4 21 Characters No change up to character 11 Updated 2006-11-01 3 ADVANCE PAYMENTS Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. Sequence of Exports for the month (2) Customer client Advance payments (1) code (6) Z A 0 0 0 1 1 1 1 1 A U S 0 0 3 A 1 1 A 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 4 21 Characters Annexure 4.3 4 No change up to character 11 Updated 2006-11-01 4 BULK PAYMENTS (1) Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. OPTION 1: Exports up to 99. Sequence of Exports for the month (2) Customer client Bulk payments (1) code (6) Z A 0 0 0 1 1 1 1 1 A U S 0 0 3 A 9 9 B 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 4 21 Characters Annexure 4.3 4 No change up to character 11 Updated 2006-11-01 5 BULK PAYMENTS (2) Month of the year: Jan (A), Feb (B), Mar (C), etc. Exports >99 in Jan go to Jan (M), Feb (N) , Mar (O), etc. OPTION 2: Exports greater than (>) 99 for January Sequence of Exports for the month (2) Customer client Bulk payments (1) code (6) Z A 0 0 0 1 1 1 1 1 A U S 0 0 3 M 1 2 B 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 4 21 Characters Annexure 4.3 4 No change up to character 11 Updated 2006-11-01 6 IN PRACTICE Scenario 1: Full payment for 99 export consignments SAD 500 INFORMATION 4ZA00011111USF003A01B 4ZA00011111USF003A02B 4ZA00011111USF003A03B 4ZA00011111USF003A04B 4ZA00011111USF003A05B 4ZA00011111USF003A06B 4ZA00011111USF003A07B 4ZA00011111USF003A08B 4ZA00011111USF003A09B 4ZA00011111USF003A10B Any one – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m 4ZA00011111USF003A99B – R1 m can be quoted on BOP + bulk amt of R99m Updated 2006-11-01 4ZA00011111USF003A01B 4ZA00011111USF003A02B 4ZA00011111USF003A03B 4ZA00011111USF003A04B 4ZA00011111USF003A05B 4ZA00011111USF003A06B 4ZA00011111USF003A07B 4ZA00011111USF003A08B 4ZA00011111USF003A09B 4ZA00011111USF003A10B – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 mil Annexure 4.3 Up to export consignment 99 UCR no BOP INFORMATION 7 IN PRACTICE (cont) Scenario 2: Partial bulk payment of R90m SAD 500 INFORMATION – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 m UCR no can be quoted on BOP + bulk amt of R90m Updated 2006-11-01 BOP INFORMATION 4ZA00011111USF003A01B 4ZA00011111USF003A02B 4ZA00011111USF003A03B 4ZA00011111USF003A04B 4ZA00011111USF003A05B 4ZA00011111USF003A06B 4ZA00011111USF003A07B 4ZA00011111USF003A08B 4ZA00011111USF003A09B 4ZA00011111USF003A10B – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m – R1 m Up to export consignment 99 4ZA00011111USF003A99B – R1 mil Annexure 4.3 4ZA00011111USF003A01B 4ZA00011111USF003A02B 4ZA00011111USF003A03B 4ZA00011111USF003A04B 4ZA00011111USF003A05B 4ZA00011111USF003A06B 4ZA00011111USF003A07B 4ZA00011111USF003A08B 4ZA00011111USF003A09B 4ZA00011111USF003A10B Any one 8 CONSIGNMENT GOODS Month of the year: Jan (A), Feb B), Mar (C), etc. Exports >99 in Jan go to “C” for consignment goods in 21st digit! Jan (M), Feb (N) , Mar (O), etc. Sequence of Exports for the month (2) Customer client code (6) Z A 0 0 0 1 1 1 1 1 A U S 0 0 3 A 1 1 C 1 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 4 21 Characters Annexure 4.3 4 No change up to character 11 Updated 2006-11-01 9 Explanation of slides 4, 5, 6 & 7 Up to 11th character/digit the UCR is exactly the same. For the next 6 digits – 12 to 17 – the exporter must create a customer code for the client to whom he exports, i.e., it must be 6 digits long. The exporter decide how to compile this code limited to 6 digits. It may also reflects he payer. The next character, 18, will indicate the month, i.e., A = Jan, B= Feb, etc. The next 2 characters, 19 & 20, is the sequence of the export for the month up to 99. That is option 1 (slide 5). If the exporter has to send more than 99 (i.e. 111) consignments in January to the same client, then he goes over to M = Jan, N =Feb, etc. So the 111th export in January will be “M11” on the 18, 19 & 20th digits. That is To reduce the number of transactions to be reported on BOP for bulk payments. i.e., where one payment Annexure 4.3 option 2 (Slide 6). covers these 111 export consignments, the exporter quote any one of these bulk UCR numbers & the amount of, say, R111m . Our system will go and match it off against all the exports to this particular client for January, by using only one of the UCR numbers generated in January (Scenario 1, Slide 7) If client make two payments of say R99 m and R12 m, then we will mark off the R99 m against the first 99 export consignments. The next R12 m will be use to mark off the next 12 export consignments (Scenario 2, slide 7). Thus, only one transaction need to be processed over BOP. Updated 2006-11-01 10