Generic value bearing item labels

The present invention provides an intuitively-based (WYSIWYG) user interface for generic value bearing item label custom specification of each label on a multi-part label set. According to the present invention, an interactive display such as is depicted in FIG. 13 would be provided on a display monitor of a plurality of independently interactive panels, wherein each panel corresponds to a particular label on a multi-part label set. As depicted in FIG. 13, the exemplary WYSIWYG generic custom VBI label specification interface of the present invention displays an interactive label display (1110) in which each separate label panel (e.g., 1120-11 through 1120-45) displays an independent postage rate class input field (e.g., 1125-11 with a postage rate class menu button, e.g., 1123-11). Once the user has selected the "Custom" option (1150), the user can set the price for each label by clicking on the individual rate input field (e.g., 1121-11)of the particular label panel (e.g., 1120-11), and inputting any amount, e.g., $0.37 (e.g., 1122-11); and then clicking on the corresponding postage rate class menu button (e.g., 1123-11) and selecting a postage rate class (e.g., 1125-11).