Maintaining accurate records of firearms transactions is essential to ATF compliance. According to ATF eRegulations, these records must be retained for no less than 20 years after the date of a sale or disposition. In the past, this was typically done by storing paper documents in cardboard boxes or file cabinets — a strategy that comes with several issues like the potential for damage, theft, or misplacement.
In short, ATF Ruling 2016-1 requires thorough records be kept of all firearm transactions. TechTarget defines cloud-based ATF record storage as “a service model in which data is transmitted and stored on remote storage systems, where it is maintained, managed, and backed up and made available to users over a network — typically, the internet.” With it, you can store records like A&Ds and 4473s in a digital environment where the data can be accessed from any Mac, PC, tablet, or smartphone that has a web browser and internet.
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Our system connects with other cloud-based storage systems like your Dropbox account and your books will be downloaded and stored in your account every day.
Maintaining compliance with ATF Ruling 2016-1* has never been so easy! Let FastBound’s automated backups streamline your business and give you peace of mind.
