Within bonded warehouses, it is crucial to offer accurate, trackable duty payable stock information. It is essential to be complaint. MACSwms successfully manages dry bonded warehouses to maximise cash flow by storing goods in a duty suspended state. Can your chosen software system:
- Adhere to the ridged procedures required by HMRC for receipts and despatches?
- Provide the relevant documentation at the correct time?
- Deliver accurate reporting, including all the legal documentation to the standards expected by HMRC and in the time frame specified?
- Manage multiple deferments?
MACSwms in partnership with Descartes (e-Customs) seamlessly integrates to provide custom declarations and a comprehensive audit tool for HMRC. All movements associated with goods under a bond status is automatically collated and with stringent system permission, only designated users can access this critical data. This simple yet powerful module can reduce administration burdens and improve cash flow of an organisation which imports goods from outside the European Union.