Stamp Inventory, Financial Differences, and Voids – Panorama City, CA, Branch Office

This report presents the results of our self-initiated audit of cash and stamp inventory, financial differences, and postage validation imprinter (PVI) label voids – Panorama City, CA, Branch Office (Project Number 21-271). This site is located in the California 3 District of the WestPac Area. This audit was designed to provide U.S. Postal Service management with timely information on potential financial control risks at Postal Service locations. The U.S. Postal Service Office of Inspector General’s (OIG) data analytics identified Panorama City Branch Office had $100,734 in refunds recorded to account identification code (AIC)1 509, Voided Postage Validation Imprinter (PVI) Labels for fiscal year (FY) 2021. This was the highest in the nation for FY 2021. In addition, they had variances in financial activities.