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How to use or fill out PSP7001 v1.xlsx - GIPSA - US Department of Agriculture
- Click ‘Get Form’ to open it in the editor.
- Begin with Section 1, General Information. Enter the date of the report in mm/dd/yy format and provide the legal business name along with any 'doing business as' (dba) names.
- In Section 2, Custodial Account Information, fill in the contact name, mailing address, and telephone number. Ensure you accurately report any expense items related to sales remaining in the account.
- Proceed to Section 3 for Custodial Account Designation. Clearly indicate the title of your custodial account as it appears on your bank statement.
- In Section 4, analyze your custodial bank account for shippers' proceeds. Report total credits and debits accurately.
- Finally, complete Section 5 for Proceeds Receivable by detailing amounts due from buyers and ensuring all figures are correct before signing off in Section 6.
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