Powerful Bond Management from MACS Software

A bonded warehouse is a facility authorised by a government’s customs and excise department for the storage of dutiable goods without paying the duties on those goods until they are released for sale. Bonded warehousing is essential for companies in international commerce.

MACS Bond Management Module is an industry leading, multi user system designed to address the challenges of controlling the distribution of goods from bonded warehouses. It was the first Bond Management system recognised by HM Customs & Excise (now HMRC) for providing all relevant documentation and duty revenue controls and has been further developed to integrate with standard warehouse management systems. It is particularly suited to small and medium size businesses.

Like all other modules within the MACS family, the Bond Management module is designed to integrate fully with other MACS Software family members and has been interfaced and tested with other third party software packages and proprietary warehouse management systems including JBA, SAP and Unison/Powerforce. MACS Bond Management module can be used as a simple stand-alone service. The integrated Customs Freight Simplified Procedures (CFSP) functionality requires little hands on maintenance and notifies users of Chief rejections.

HMRC have very strict rules when it comes to bonded warehousing protocol. During the design and development of the MACS Bond module, HMRC Computer Audit Unit staff offered advice, requested changes and suggested features over and above those that would normally be expected from a bond management system. One such feature provides HMRC audit staff with the ability to extract raw data from the system and analyse it with standard windows based packages. This user friendly feature is also available to system users.

Choosing MACS solutions reduces your integration costs and gives you a rapid return on your investment.

Key Functionality

• Simple and straight forward Menu options with stringent access controls
• Integrated CFSP functionality
• Comprehensive EDI facilities between the Customs & Excise module and host system(s)
• Can operate with minimal user intervention
• Web based exchange rate updating
• Management of multiple deferments
• Ensure that documents are produced at the correct times
• Applies rigid procedures to recording of receipt and despatch details
• Provides comprehensive audit tools for HMRC