We’re excited to share details about our latest FastBound update, focusing on optimizing compliance and reporting workflows for FFL dealers. This release introduces new capabilities that improve firearms reporting accuracy, flexibility, and control, particularly around Multiple Sale Reports.
Here’s a high-level overview of what’s new:
Enhanced Multiple Sale Reporting Features
The Enhanced Multiple Sale Reporting Features in this release focus on improving the accuracy and flexibility of compliance workflows. We’ve refined how activity dates are calculated, added a new compliance check for date discrepancies, and introduced greater control over report management, including options to edit and unlink generated reports. These updates ensure more precise reporting while maintaining an audit trail for transparency.
Updated Reporting Logic and Default Settings
This release introduces critical updates to reporting logic, reflecting the latest regulatory requirements. In line with a recent ATF directive, licensed manufacturers and importers in Arizona, California, New Mexico, and Texas are now required to report multiple sales of certain semi-automatic rifles. These reports must be submitted whenever two or more such rifles, capable of accepting a detachable magazine and with a caliber greater than .22 (including .223/5.56), are sold to an unlicensed person within five consecutive business days. The new reporting requirement takes effect on October 1, 2024, and must be filed using ATF Form 3310.12. Additionally, the update reinforces existing obligations for reporting multiple handgun sales, ensuring that all relevant transactions are properly documented and submitted in compliance with ATF guidelines.
Why This Matters
Our goal with this release is to make your compliance process as smooth and accurate as possible while giving you the tools to adapt to regulatory changes. Whether managing a small or large operation, these updates are designed to help you stay compliant effortlessly.
Looking Ahead
As always, we’re listening to your feedback and continuously working on enhancements that simplify your compliance journey. Stay tuned for more updates as we innovate and deliver more powerful features.
If you have any questions or need assistance, our support team is ready to help!
