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Posted: 5/5/2022 2:05:14 PM EDT
Getting setup with a vendor's license to start selling firearms vs. just doing transfers.

What software/process do you use to track sales to calculate sales tax needed to be remitted to the state?
Link Posted: 5/5/2022 6:00:32 PM EDT
[#1]
Link Posted: 5/6/2022 8:53:35 AM EDT
[#2]
know your tax rate and apply in your POS system. swipe simple is easy. then in GA i file a return each month with the state. its all self reported and self paid.
Link Posted: 5/6/2022 9:06:27 AM EDT
[#3]
What POS system do you use?

I'm just a little guy. Wasn't even planning on messing with all that. Was just going to do cash/check, but sounds like I need to rethink that strategy.
Link Posted: 5/6/2022 9:27:31 AM EDT
[#4]
Link Posted: 5/6/2022 11:47:22 AM EDT
[#5]
I'm a recently formed, small startup business as well. I was originally going to do the old fashioned check and cash method, but after thinking about it I realized that having the option to accept credit/debit cards would be a huge advantage. Yes, any payment processor is going to charge a fee for each transaction, but most aren't that expensive. A small 1-3% of each transaction done with a card is worth it to me, seeing as how many people don't even use checks anymore and others don't want to carry a large amount of cash on them, as well as some people who want the security of having the backing of their bank as a security of their purchase. From the perspective of a customer, the only time I won't use a card to make a firearm purchase is when I need to purchase first and then tell my wife afterwards, once I can show her the justification for it

Many banks also offer payment processing abilities if you have a business account with them, although they tend to charge higher fees and I wouldn't personally consider going this route unless I'm making a ton of transaction with a high revenue. Some POS companies also will charge a flat monthly fee instead of, or in addition to a per transaction fee. I ended up signing up through gunpos.com and getting a free POS device. Another advantage of this service for me was the fact that the clover pos system can integrate seamlessly with the FastBound service. So I can conduct a sale, background check, and 4473 all in one place. I'm still waiting for my FFL to come in mail so I haven't been able to use it yet, but I've been experimenting with it in the mean time and I already am a fan of it.
Link Posted: 5/9/2022 11:06:03 AM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Take a look at Swipe Simple.
View Quote


very easy. to use. im using fortis but some people in a few FB recommend/swear by payroc.
Link Posted: 5/16/2022 9:03:10 AM EDT
[#7]
I use Quickbooks online for all my book keeping.
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