How do I handle a pawn transaction involving a firearm?

Firearms taken in pawn must be logged as acquisitions in your A&D book. When redeemed, the return is logged as a disposition back to the original owner. If the firearm is forfeited and sold, it must go through the full 4473 and NICS process. A pawnbroker FFL POS...

How do I handle NFA and Class III firearm transfers?

NFA transfers require tracking ATF Form 3 (tax-exempt dealer-to-dealer) or Form 4 (civilian transfer) paperwork, the associated tax payment or exemption, and the often lengthy wait time for ATF approval. Your POS should hold the item in a pending status during the...