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4473 Form Tracking
Every time you sell a firearm to a non-licensee (a regular customer, not another FFL dealer), the...
Bound Book Entries from POS Sales
Every time you sell a firearm at the point of sale, federal law requires that the sale is recorde...
Viewing Your Bound Book (A&D Records)
Your electronic bound book is your single most important compliance record. It contains every acq...
Logging Dispositions (Selling Firearms)
A disposition is a bound book entry that records a firearm leaving your inventory. The most commo...
Logging Acquisitions (Receiving Firearms)
An acquisition is a bound book entry that records a firearm coming into your inventory. Every fir...
Security & User Access Levels
FastBound in CloudFFL uses a role-based security system with three access levels. Each level cont...
Reference Data (SmartLists)
FastBound maintains standardized lists of values — called SmartLists — that are used throughout t...
How FastBound Works with CloudFFL
FastBound is not a separate system you have to switch to. It is integrated directly into CloudFFL...
FFL Compliance Basics
Before diving into how CloudFFL and FastBound work together, you need to understand the complianc...
What is FastBound?
FastBound is a cloud-based firearms compliance platform that manages your electronic bound book (...
Disposing of an asset
When you sell, scrap, or replace a business asset — maybe you upgrade your display cases, replace...
Creating and depreciating an asset
When you purchase a business asset — like a new display case for $4,800 — here's how to set it up...
What is asset management?
When you buy a $3,000 gun safe, a $5,000 display case, or a $15,000 security camera system, you d...
Customer and vendor statements
A statement is a summary of all transactions between you and a specific customer or vendor over a...
Tax reports and sales tax summary
When it's time to file your state sales tax return, you need to know exactly how much tax you col...
Trial balance
The trial balance is a report that lists every account in your chart of accounts with its current...
Balance sheet
While the profit and loss tells you how your business performed over a period, the balance sheet ...
Profit and loss statement
The profit and loss statement (P&L) is the report that tells you whether your business is making ...
End-of-month reconciliation checklist
At the end of each month, run through this checklist to make sure your books are clean and your b...
Handling unmatched transactions and write-offs
Not every bank transaction has a matching invoice or bill waiting for it. Bank fees, interest, ca...